Cuts to Medicare spending on drugs or other elements of the program may be triggered in 2017 and implemented in 2019 under the provisions in the Affordable Care Act establishing the Independent Payment Advisory Board, according to the chief actuary of the Centers for Medicare and Medicaid Services.
Medicare Cuts Could Come From HHS In 2019 With No IPAB In Sight
There is a 'fair' likelihood that the Independent Payment Advisory Board will be called on to propose spending cuts to Medicare, effective in 2019, the CMS chief actuary says. And if there is no IPAB in existence, HHS will assume responsibility.
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