Obama Budget Cuts Medicare Advantage, Helps Generic Biotech

Obama Budget Cuts Medicare Advantage, Helps Generic Biotech

President Obama's budget proposal is looking to a combination of tax hikes and cuts to put a down payment on health reform. Details of the measures are emerging that would have a big impact on the government's role in health care, from cuts to private Medicare Advantage plans to creating a regulatory pathway for approving generic biotechnology drugs.

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