December 11,2009

Baucus Comment on CMS Actuary Report on Health Reform


To: Reporters and Editors
From: Scott Mulhauser and Erin Shields for Senate Finance Committee Chairman Max Baucus (D-Mont.)
Re: CMS Actuary report on health reform

Senate Finance Committee Chairman Max Baucus (D-Mont.) issued the following statement today following the release of a report by Centers for Medicare and Medicaid Services (CMS) Chief Actuary Rick Foster regarding the estimated financial effects of the Patient Protection and Affordable Care Act of 2009.

From Chairman Baucus:

“There is a lot of great news in the report released today by the CMS actuary. This report is yet another independent, non-partisan analysis making clear health reform will extend the life of Medicare for nearly a decade and reduce premiums and cost-sharing for Medicare beneficiaries by nearly $500 per couple annually. Also, the report shows that health reform will ensure both the federal government and the American people spend less on health care than if this bill doesn’t pass, helping get a hold of America’s debt and keep more money in people’s pockets. This report is yet another clear indicator that we have to act – and act now.”