USA Today: Government says Medicare will save $200 billion through 2016

The government plans to announce today that the 2010 health care law will save Medicare beneficiaries $208 billion through 2020, and save Medicare itself $200 billion through 2016, based on a Centers for Medicare & Medicaid Services actuary report.

“We have achieved significant tangible savings that have been passed on to beneficiaries,” said Jonathan Blum, director of the Center for Medicare. “There’s a tremendous opportunity for even greater savings.”

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