Richard Foster news and information

Federal Medicaid costs will accelerate more quickly than previously expected under the 2010 healthcare overhaul, according to Richard Foster, the CMS' chief actuary.
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A new federal report concludes AARP could make $1 billion in profits in the next 10 years as a result of the healthcare reform law and it questions the tax-exempt status of the organization representing America's seniors.
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CMS Administrator Donald Berwick's appearance before a powerful House committee last week was much more than an opportunity for him to explain how the administration's healthcare reform law is affecting the Medicare program and its beneficiaries.
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Several House Republicans remained skeptical Thursday of CMS Administrator Donald Berwick's statement that enrollment in Medicare Advantage plans has increased, given same-day testimony from the CMS Office of the Actuary that projects a sharp decline in these plans by 2017.
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The healthcare overhaul law is bad medicine and bad economic policy. The Patient Protection and Affordable Care Act was sold to the American people under the illusion of deficit reduction, but when you strip away the budgetary gimmicks, the healthcare reform law commits the country to long-term red...
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The lead accountant for the CMS confirmed some of the positive and negative financial projections related to the healthcare reform law variously touted by its opponents and supporters. The confirmation of Richard Foster, chief actuary for CMS, was sought by both sides at a Wednesday House Budget...
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