With President Obama’s time in office coming to an end in less than a year, his administration is attempting to cement his legacy in changing healthcare policy. Although the Affordable Care Act has dramatically dropped the amount of uninsured Americans, administration officials are now focusing on another major concern for Americans – drug prices. In fact, a new plan has been proposed for overhauling the payments of drugs covered by Medicare Part B.
According to the Obama Administration, 34 initiatives have either launched or are currently being tested by the Center for Medicare and Medicaid Innovation. The agency has been committed to widely supported ideas for health care improvement, including paying doctors as a group for patient treatment rather than for each individual service. It has also encouraged preventive care as a way to prevent more expensive future problems.
These findings were published by STAT on May 10, 2016.