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20110119-192147-pic-431953895.jpg

Savings would be wiped out because insurers would increase bids to recoup income, Medicare administrator Donald Berwick said. (Associated Press)

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MEDICARE_POLL.sff.jpg

Graphic shows poll results on public opinion about Medicare

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Federal Reserve Chairman Ben S. Bernanke advised Congress earlier this year to avoid big spending cuts now and rein in spending on entitlement programs such as Social Security and Medicare over the next five to 10 years. (Associated Press)

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People Andy Griffith_Thir.jpg

This undated handout video image provided by Medicare.gov shows actor Andy Griffith in a new role: pitching President Obama's health care law to seniors, in a cable television ad paid for by Medicare. (AP Photo/Medicare.gov)

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This undated handout video image provided by Medicare.gov shows actor Andy Griffith in a new role: pitching President Barack Obama's health care law to seniors, in a cable television ad paid for by Medicare. (AP Photo/Medicare.gov)

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B4 med cuts.jpg

Illustration: Medicare cuts

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Medicare Fraud Arrest_Bone.jpg

Assistant Attorney General Lanny Breuer, left, speaks to the media as Loretta Lynch, center, U.S. Attorney for the Eastern District of New York, and other law enforcement officials announce charges against doctors, health care company owners, executives and others in a case of alleged false medicare billing at a news conference in the U.S. Attorney's office in the Brooklyn borough of New York, Friday, July 16, 2010. The poster at right, which says in Russian "Do Not Gossip," was, allegedly, in the back room of a doctor's office where patients were being bribed for their cooperation in the scheme. (AP Photo/Robert Mecea)

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Medicare Fraud Arrest_Thir.jpg

Attorney General Eric H. Holder Jr., right, announces 36 arrests in Medicare scams during a press conference as Health and Human Services Secretary Kathleen Sebelius looks on in Miami, Friday, July 16, 2010. Federal authorities said they are conducting the largest Medicare fraud bust ever in five different states and arrested dozens of suspects accused in scams totaling $251 million. (AP Photo/Alan Diaz)

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Health_Care_Overhaul_Eldr.jpg

** FILE ** House Speaker Nancy Pelosi of Calif., accompanied by Rep. Jan Schakowsky, D-Ill., left, gestures during a news conference on saving Medicare as part of the Health Care Overhaul, Tuesday, March 16, 2010, on Capitol Hill in Washington. (AP Photo/Harry Hamburg)

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ASSOCIATED PRESS President Lyndon B. Johnson's Great Society programs included Medicare and Medicaid. **FILE**