Center of Medicare and Medicaid Services ( CMS ) projects that $ 200 billion will be saved by implementing the health care reform, a welcome news for finding affordable health insurance in Brentwood by Barbara Kempen | Apr 27, 2012 | Affordable Health Insurance, Health Insurance Brentwood, Health Insurance Pacific Palisades, Health Insurance Santa Monica The report, released by the Centers for Medicare and Medicaid Services (CMS), said the Federal Health care reform law will produce savings for the Medicare trust fund of roughly $ 200 billlion by 2016, while also saving seniors nearly $60 billion in out-of-pocket costs; these are welcome news for finding affordable health insurance in Brentwood. CMS released the findings ahead of highly anticipated reports Monday from the Medicare and Social Security trustees, which said last year that the healthcare law had extended Medicares solvency. The biggest Medicare savings come from cuts to doctors, hospitals and other healthcare providers, as well as private insurance companies. Together, those two categories of cuts save Medicare more than $150 billion, according to the CMS report. CMS said the policies in the healthcare law also have the potential to produce more significant long-term savings, in part by shifting the healthcare system to pay more for quality than quantity of treatments. The healthcare law is also saving seniors money, CMS said about $59 billion by 2016, and more than $200 billion through 2021. The law gradually closes the doughnut hole in which seniors have to pay for all of their prescription drugs, and it makes certain preventive services available without a co-pay. In the short term, both taxpayers and beneficiaries will save billions thanks to the health care law, acting CMS Administrator Marilyn Tavenner said in a statement. Over the long run, the Affordable Care Act will allow us to invest in new models of providing care that will save money and deliver higher quality in health care. Controlling the cost of health care is the best way to guarantee affordable health insurance in Brentwood.