Yesterday, the Office of the Actuary released an analysis of the new health insurance reform law. Here is Secretary Sebelius on the report:
"Congress and the President have enacted landmark legislation that puts American families and businesses back in control of their own health care. The analysis by the independent Office of the Actuary reaffirms what the Congressional Budget Office has already said: the Affordable Care Act will cover more Americans and strengthen Medicare by cracking down on waste fraud and abuse, modernizing payment systems and improving benefits by providing free preventive services, supporting innovations that help control chronic disease and closing the prescription drug donut hole. The Actuaries also find that under the new law, the life of the Medicare trust fund is extended by 12 years while reducing annual Medicare premiums by nearly $200 per senior in the coming years. The Affordable Care Act will improve the health care system for all Americans and we will continue our work to quickly and carefully implement the new law."
Posted April 23, 2010
By Jessica Santillo, Communications Director for Strategy and Policy
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