The total is slightly higher than President Obama’s debt reduction plan from this past September, which called for $320 billion in healthcare savings.
Most of the savings would come from provider cuts and changes to drug reimbursements. The budget also would keep funding for biomedical research at the National Institutes of Health level at $31 billion.
Related Articles on National Healthcare Expenditures:
Healthcare Reform: Two Years Gone, Now What’s on the Horizon?
Growing Deficit May Threaten Health Reform Law More Than Elections, Supreme Court Ruling
President Obama’s Debt Reduction Proposal Includes $320B in Healthcare Savings
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