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House hearing highlights big cuts in Medicare Advantage under Obamacare

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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...

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