Mar 13, 2019
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Trump’s Budget Hurts Seniors

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The nonpartisan Committee for a Responsible Federal Budget has found that the majority of the $845 million Medicare cuts in Trump’s budget would hit hospitals and physicians.  Cuts that will dramatically raise costs for seniors on a fixed budget account for about 11% of the Medicare reductions. Those would be changes to Medicare’s prescription drug benefit, raising out-of-pocket costly for seniors.

Provider groups, meanwhile, railed against the spending proposal, saying it would only worsen the challenges nursing homes are facing. Providers are particularly riled by proposed Medicaid spending reductions.

“We are still carefully reviewing the president’s proposed budget, but we’re concerned about any changes to Medicaid that would threaten funding and access to long-term care,” said Beth Martino, senior VP of public affairs for the American Health Care Association.

Katie Smith Sloan, president and CEO of LeadingAge, said that moving Medicaid to a block grant system “has never been a good idea, since it would reduce federal Medicaid funding by several billion dollars.”

 



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