Page 35 - Actuaries News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> reporter: administration officials can be counted on for the healthcare bill but for unvanished version of the law and how it affects the medicare recipient and federal deficit, they turn to the non-political actuaries of medicare like rick foster. >> there is a strong likelihood that the cost projections in the trustee report under the current law understate the actual future cost that medicare will face. strong likelihood. >> the greatest uncertainty is the cuts to medicare that the administration is counting on to pay for benefits. obama plan assume healthcare can accomplish the same inc...

For unvanished version of the law and how it affects the medicare recipient and federal deficit, they turn to the non-political actuaries of medicare like rick foster. >> there is a strong likelihood that the cost projections in the trustee report under the current law understate the actual future cost that medicare will face. strong likelihood. >> the greatest uncertainty is the cuts to medicare that the administration is counting on to pay for benefits. obama plan assume healthcare can accomplish the same increase deficiency or productivity improvements usually seen on production lines like ...

>> the administration assumes care will be efficient because it wants to spend less and use money elsewhere. over time, medicare would pay less and less and the payments would drop to one-third what the private insurance pays. >> that by itself says it wouldn't be viable. you can't pay a third of the going rate and expect them to get them to treat your patients. >> even thursday's report had cautions about the cuts to medicare but some analysts are convinced that medicare will be stronger. >> it's difficult and impossible to do anything but to draw good news from this report. >> while former h...

Heavy mud in there and cement this gusher shut once and for all that could happen if everything is true here before the month is over. >> shepard: as they work to stop the flow, the army core of engineers has now denied a permit for louisiana to build rock levies. it sounds to a lot of observers like the fight between the state and the feds is far from over. >> governor bobby jindal is fully backing jefferson perish which plans to appeal and resubmit this plan. in the meantime there are about two dozen barges sitting, going nowhere in the mississippi river. they were all on their way down to j...

The way it has been done? what would they say? >> they've got problems. they've got a few members who want to cut spending but a lot who want to spend more. they can't get 218 votes to pass a budget that's why they don't have one. >> greta: there's been a recent cbo report that the health care federal legislation is going to cost more than we've been told. i suppose you are not particularly surprised. >> i'm not at all surprised. not just the 115 billion dollars that the congressional budget office says this bill is going to cost more than what the president said it was. it is also the secreta...