And, as they remind us, Obama’s plan to save $716 billion in the next ten years entails:
- - Cutting overpayments to Medicare Advantage, private insurers who said they could do Medicare better and have proven they only do it more expensively.
- - Stopping waste, fraud and abuse, such as when now Florida Governor Rick Scott was CEO of Columbia/HCA and the hospital group made money by defrauding Medicare.
- - Slowing growth of payments to hospitals, health insurers and other providers. All trade associations agree with this (because of getting 32 million new people in the pool). Insurers did not.