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Bill would shift seniors from Medicare to federal-worker health plans
Modern Healthcare

A Senate Republican bill would move seniors from Medicare into the federal employee insurance program beginning in 2014.

The measure, sponsored by Sen. Rand Paul (R-Ky.), would allow seniors to choose from coverage among the 250 plans now offered to federal employees with the same average subsidy of about 75% provided by the federal government. The measure would reduce Medicare costs over the coming decade by about $1 trillion, according to the nonpartisan Congressional Budget Office.