News Headlines Article

Medicare cuts have more in California on edge
San Francisco Chronicle

About half the funds to pay for the nation’s new $940 billion health law will come from reduced federal government spending on the Medicare program – and, although it’s too early to gauge the impact on the 45 million Medicare beneficiaries, the idea is creating anxiety among many of them.

Much of the worry – from both supporters and critics of the health insurance overhaul – centers on the government’s plans to cut payments for Medicare managed-care policies called Medicare Advantage.