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Jury hears Trump and Cohen Discussing Hush-Money Deal on secret recording; Nature-based solutions help solve Mississippi River Delta problems; Public lands groups cheer the expansion of two CA national monuments; 'Art Against the Odds' shines a light on artists in the WI justice system.

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President Biden defends dissent but says "order must prevail" on campus, former President Trump won't commit to accepting the 2024 election results and Nebraska lawmakers circumvent a ballot measure repealing private school vouchers.

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Bidding begins soon for Wyoming's elk antlers, Southeastern states gained population in the past year, small rural energy projects are losing out to bigger proposals, and a rural arts cooperative is filling the gap for schools in Pennsylvania and West Virginia.

Health Care Reform Shows Signs of Saving Medicare Budget

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Monday, March 19, 2012   

PORTLAND, Maine - According to an article in the New England Journal of Medicine, health care reform is already slowing the growth in the cost of Medicare, a crucial change that could save the program from bankruptcy. The researchers crunched numbers from the Congressional Budget Office and the Medicare trustees to reach their conclusion.

Lead author Chapin White says the now-two-year-old Affordable Care Act included provisions that are bringing the growth of Medicare's costs down to a manageable level, nearer the rate of general inflation.

"It took major steps in the direction of saving Medicare money just by dialing back the prices that it pays."

White says the new trend is easing fears that Medicare could be overwhelmed by Baby Boomers and exploding prices. As of 2010, 20 percent of Maine's population were Medicare beneficiaries, compared to a national average of 15 percent. And from 2000 to 2010 the number of Mainers over 65 increased by 15 percent.

Republicans, including presidential candidate Mitt Romney, have said Medicare must be privatized to survive. White says the new numbers show that the current structure can work. He says the program has been able to cut costs sharply in the past, although the federal government has occasionally undone its own progress.

"We seem to be at another falling-off point in the roller-coaster ride where CBO is projecting that the Medicare provisions in the ACA are going to result in much slower growth in spending over the next ten years."

He says the new numbers mean the picture has changed substantially.

"It's very significant, and I don't know if the policy community has really absorbed how big an impact the slowdown in Medicare price growth is."

White says Medicare is now using its market power to negotiate with health care providers.

"They basically had a blank check from the Medicare program that would cover those costs, and Medicare has moved away from that basically blank check arrangement toward a situation where Medicare is setting the prices."




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