UnitedHealth Group Inc. said the government can relieve health reform damage that will rest on Medicaid systems with about $366 billion in savings. For More information “AGX” as well as the Latest Stock Market Information, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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UnitedHealth Group Inc. said the government can alleviate the forthcoming damage health reform will rest on Medicaid systems with about $366 billion in savings over the next decade. UnitedHealth Executive Vice President Simon Stevens said in a teleconference about two thirds of Medicaid spending supports people with disabilities and long-term care needs, and that is one of the main sources of budgetary pressure on states.
The Center for Health Reform and Modernization identified three main areas for possible savings for the state-federally funded Medicaid programs on Thursday, which provide health coverage to low-income families with children and the disabled.
The report projects savings of about $140 billion through improved support of people with long-term care requirements. This would consist of using programs that assist people staying longer in their homes instead of moving to a nursing home and better coordination between Medicaid and Medicare.
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