Productivity, the Patient Protection and Affordable Care act or the aca, has a provision in it that the Current Administration is not taking any actions to remove, which sets payment reductions dooring to the growth and general productivity and payment reductions to Healthcare Providers, and as the trustees say, Healthcare Providers will have to realize productivity improvements as a fasterraise than experienced historically for this policy to avoid leading to serious erosion in the access to care and quality of care. Very serious issues, and then finally let me cite the i like to thong the as the Public Trustees in exile. Former trustees who wrote a paper before they saw the report yesterday but made a very important point, which is that delaying action on medicare fiscal challenges, until a crisis is imminent, which too often has been congress approach, would not only have adverse impacts on beneficiaries but would severely restrict the remedies available to address the problem. Wait
Productivity, the Patient Protection and Affordable Care act or the aca, has a provision in it that the Current Administration is not taking any actions to remove, which sets payment reductions dooring to the growth and general productivity and payment reductions to Healthcare Providers, and as the trustees say, Healthcare Providers will have to realize productivity improvements as a fasterraise than experienced historically for this policy to avoid leading to serious erosion in the access to care and quality of care. Very serious issues, and then finally let me cite the i like to thong the as the Public Trustees in exile. Former trustees who wrote a paper before they saw the report yesterday but made a very important point, which is that delaying action on medicare fiscal challenges, until a crisis is imminent, which too often has been congress approach, would not only have adverse impacts on beneficiaries but would severely restrict the remedies available to address the problem. Wait
Productivity, the Patient Protection and Affordable Care act or the aca, has a provision in it that the Current Administration is not taking any actions to remove, which sets payment reductions dooring to the growth and general productivity and payment reductions to Healthcare Providers, and as the trustees say, Healthcare Providers will have to realize productivity improvements as a fasterraise than experienced historically for this policy to avoid leading to serious erosion in the access to care and quality of care. Very serious issues, and then finally let me cite the i like to thong the as the Public Trustees in exile. Former trustees who wrote a paper before they saw the report yesterday but made a very important point, which is that delaying action on medicare fiscal challenges, until a crisis is imminent, which too often has been congress approach, would not only have adverse impacts on beneficiaries but would severely restrict the remedies available to address the problem. Wait
Nothing keeps you absolutely safe. Thats the unfortunate fact of life. We are live this morning as the medicare board of trustees is meeting to look at what Congress Plans to do on medicare and medicaid coverage. This is live coverage. Its just getting underway. My name is joe and im in Health Care Retirement policy at aei. I will be introducing the panel in just a second. I did want to highlight a few things that the trustees said in their report. Perhaps their biggest concern has to do with the outlook as they said in their summary, a major concern has to do with the growth of Health Care Innovation which has positives and negatives. The positive is that with modern technology and modern techniques we are able to address the Serious Health conditions of many more people than we have in the past. While most technological advances have tended new the Health Care Landscape is shifting. No one knows if it will inkrocre or decrease costs. Let me also sight a critical point that the truste
Medicares longterm fiscal conditions. This is an hour and 45 minutes. Everyone. Rning everyone here and everyone on cspan to the American Enterprise institute. Were having a discussion today about the Medicare Trustees report, the report was issued late yesterday afternoon, and is an annual report that gives some indication of not only the current fiscal status of the Medicare Program but also the longterm outlook. My name is joe antos. And i will be introducing the panel in just a second. I did want to highlight a few things that the trustees said in their report. The perhaps their biggest concern has to do with the outlook, as they said in their summary. A major concern has to do with the growth of health care innovation, which has its positives and negatives. The positives, of course, is with modern technology and modern techniques were able to cure or address the Serious Health conditions of many more people than we could have in the past, but as the trustees say, while most health