The Mudcat Café TM
Thread #152434   Message #3566953
Posted By: Ebbie
15-Oct-13 - 12:33 AM
Thread Name: BS: So who's signed up for Obamacare?
Subject: RE: BS: So who's signed up for Obamacare?
"...the 15 member board will be tasked with preventing per-enrollee spending in Medicare from growing faster than the specified target rate."

Wikipedia: "The Independent Payment Advisory Board, or IPAB, is a fifteen-member United States Government agency created in 2010 by sections 3403 and 10320 of the Patient Protection and Affordable Care Act which has the explicit task of achieving specified savings in Medicare without affecting coverage or quality.[1] Under previous and current law, changes to Medicare payment rates and program rules are recommended by MedPAC but require an act of Congress to take effect. The new system grants IPAB the authority to make changes to the Medicare program with the Congress being given the power to overrule the agency's decisions through supermajority vote."

Oh, yes. Very scary.