House Passes Ryan's Medicare Overhaul Bill

The House of Representatives has voted 228-191 to pass Rep. Paul Ryan's (R-Wis.) fiscal 2013 budget bill, which would drastically change Medicare.

Ryan's budget proposal contains provisions to repeal the Affordable Care Act (ACA), overhaul Medicare and Medicaid, drastically cut nondefense spending over the next decade, and reshape the U.S. tax code.

It would turn Medicare into a "premium support" system starting in 2025 when Medicare beneficiaries would be given a choice between traditional fee-for-service Medicare and several private insurance plans.

Read the full story: http://hcp.lv/HkKim8

Source: MedPage Today