Medicare Board Won't Be Triggered Until 2015, Expert Says

Law360, New York (May 1, 2013, 7:35 PM EDT) -- A Medicare cost-cutting panel created by the Affordable Care Act and reviled by much of the health industry will not go into effect next year or the following year, the chief Medicare actuary said Tuesday, because spending growth on the program has not been high enough to trigger the board.

The Independent Payment Advisory Board, or the IPAB, was created by the ACA as a sort of fail-safe if Congress does not cut Medicare's spending growth. If spending growth surpasses a certain target, the IPAB is...
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