Earlier this month, the Obama
administration reversed course on spending cuts to the popular Medicare
Advantage program. Instead of a nearly 1% cut in payments, private
health insurers that offer Advantage plans to seniors would get a 1.25%
boost.
The turnabout hardly made news, which isn't surprising since it was the third year in a row that the administration said it was planning to cut payments only to reverse course.
It is, however, emblematic of the fiscal trouble ObamaCare has planted in the federal budget.
The turnabout hardly made news, which isn't surprising since it was the third year in a row that the administration said it was planning to cut payments only to reverse course.
It is, however, emblematic of the fiscal trouble ObamaCare has planted in the federal budget.
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