Senate Democrats May Revise Reform Law to Find More Savings

Senate Democrats, still in the majority after the midterm election, are considering making changes to healthcare reform law with an eye to cost-containment, according to a report by The Hill.

Advertisement

Sen. Michael Bennet (D-Colo.), a member of the Health, Education, Labor and Pensions Committee, told National Public Radio the majority Democrats would look at making changes to the law. “I think we didn’t do enough the first time around on cost containment,” Sen. Bennet said. “There’s more to be done there, on the Medicare incentive structure.”

Sen. Bennet and two other Senate Democrats who narrowly escaped defeat in the midterm elections, Majority Leader Harry Reid (D-Nev.) and Sen.-elect Joe Manchin (D-W. Va.), have mentioned revisiting the reform law.

Sen. Bennet has already proposed an amendment requiring Congress to find other sources of revenue if some of the projected savings in the law don’t materialize.

Read The Hill report on cost-containment in healthcare reform.

Read more coverage on revising the reform law:

GOP Leader Says His Repeal-and-Replace Bill Would Cut Premiums by 10%

GOP Strategist Targets Parts of Reform Law, Including Assignment to ACOs

Obama Open to ‘Tweaks’ But Not Revamp of Reform Law

At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.

Advertisement

Next Up in Leadership & Management

Advertisement

Comments are closed.