New HHS Report Highlights How Health Care Law Saves Money for Taxpayers & People with Medicare

A U.S. Department of Health and Human Services' (HHS) [report][1] shows that people with Medicare are already saving money on durable medical equipment through Medicare's competitive bidding program. The program saved $202 million in its first year in nine metropolitan areas - a cost reduction of 42 percent. As the program expands under the [Affordable Care Act][2], it could save up to $42.8 billion for taxpayers and beneficiaries over the next decade.

[1]: http://www.cms.gov/Medicare/Medicare-Fee-for-Service-Payment/DMEPOSCompetitiveBid/index.html
[2]: http://www.healthcare.gov/law/index.html

URL: http://www.hhs.gov/news/press/2012pres/04/20120418a.html