The Medicare NewsGroup: Fiscal Cliff Discussions, Looming Cuts Possess Medicare Providers Facing Double Whammy Doctors, hospitals, other scientific care providers and insurance companies all real face looming pay cuts. President Obama and Congress are in negotiations starting this complete week to avert the fiscal cliff. Medicare and various other entitlement programs are up for grabs as lawmakers seek to bring down the deficit. The sequestration cuts, scheduled going to clinical care providers and insurers that work Medicare Advantage Plans and Medicare Prescription Drug Plans , resulted from Congress' failure to attain a deficit agreement in 2011. The cuts total almost $10.7 billion in 2013 alone. The Medicare NewsGroup: Primer On The Fiscal Cliff And Its Impact On Medicare If Democrats and Republicans don't reach a grand discount ahead of the new year, Medicare suppliers will be hit with a 2 % across-the-board cut within mandated expense reductions.One year ago, we stopped offering tobacco products because it conflicted with our reason for helping people on their path to better health, Troyen A. Brennan, MD, MPH, chief medical officer of CVS Health, said in a news release. [W]e are excited to release fresh data demonstrating the positive impact our decision has had on public health general as shown by a measurable decrease in the number of cigarette purchases across all retailers. Since last September, CVS has also pledged more than $1 million in grants to market tobacco cessation and prevent more people from taking on smoking.