House Hearing Highlights Big Cuts In Medicare Advantage Under Obamacare

Republicans and Democrats on Wednesday battled over the whether the new health care law will destroy or improve a popular Medicare program during one of four House hearings this week into the troubled Obamacare.

The Affordable Care Act slashes $716 billion from Medicare over the next decade, with $308 million cuts coming from Medicare Advantage, a managed care program that enrolls more than a quarter of all Medicare users.

Republicans on the House Energy and Commerce Committee charged in the hearing that cuts in the Medicare program will result in seniors losing access to their doctors as doctors are being dropped from the program to help cut costs.

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