Archives for State of the Union

Four elements to how Obama plans to handle Medicare

Since the State of the Union Address last month, there has been a lot of anticipation held by members of both political parties. Republicans and Democrats have been awaiting details as to how the President plans to reform health care in America. According to a recent article published on the CNN Money website, here are a few ways in which he plans to make change: 1. Pay less for drugs: Increase the rebates the government receives for Medicare beneficiaries' medications so they are the same as the rebates given under the Medicaid program. This would save $140 billion. 2. Reduce payments
Read More