Cleveland, Mayo Clinic CEOs: Obamacare Doesn't End Medicare Crisis

Sunday, 05 Jan 2014 11:25 AM

By Amy Woods

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The unanswered question in the Affordable Care Act is cost, Cleveland Clinic President and CEO Toby Cosgrove said Sunday on NBC's "Meet the Press."

"We really don't have the answer to that," Cosgrove said. "We do know, however, that we're going to be paid less for what we do. Everybody's going to get paid less."

The implementation of the law in October already has increased access to insurance for millions of Americans. Cosgrove said the law eventually could improve the quality of care by creating a healthcare system that crosses state and regional borders, requiring providers to operate more efficiently.

"The healthcare system in the United States is not really a system," he said. "It's a whole bunch of cottage industries, and we're coming together as a system to drive more and more efficiency across our organizations."

The place that Obamacare falls short is on the issue of Medicare, Cosgrove said.

"We need to have incentives for individuals to take care of themselves, and that's not really as big part of the new law, as there should be," he said. "We have to reform the entire healthcare system, not just the ACA."
Mayo Clinic President and CEO John Noseworthy agreed.

"The nation has to have the courage to step up to the looming insolvency of Medicare," Noseworthy said, adding the industry needs to modernize the payment system and improve upon technology. "Modernizing Medicare and making it affordable for the country is going to take bipartisan input."

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Intruder Ran Deep Into White House

Monday, 29 Sep 2014 17:32 PM

The man who jumped the White House fence and entered the building earlier this month was able to make his way farther in . . .

Kansas Gov. Brownback on Opponent: 'He's a True Liberal'

Monday, 29 Sep 2014 19:06 PM

Kansas Gov. Sam Brownback , in a neck-in-neck re-election bid with Democrat Paul Davis , says voters will choose him onc . . .

Poll: Most Military Personnel Oppose US Ground Troops in Mideast

Monday, 29 Sep 2014 18:59 PM

A new poll shows that 70 percent of active military personnel oppose sending U.S. ground troops back into Iraq to fight  . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved