J.P. Farley News and Blog

While the failure of the congressional “super committee” to reach an agreement triggers a 2% across-the-board cut to Medicare, this is thought to be far less than the $500 to $700 billion lawmakers on the panel were discussing prior to their deadline. Physicians and hospitals will feel the impact but the $123 billion that will need to be cut over the next 10 years is minimal compared to cuts imposed by deficit reduction legislation enacted in recent years.

The Patient Protection and Affordable Care Act (PPACA), also known as Health Care Reform, has been the law of the land since March, but questions and debate continue to dominate the political landscape.