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Info Seeker
Posts: 3
Registered: ‎01-05-2017

Re: Medicaid Cuts

Message 1 of 4 (850 Views)

s249040n wrote:

Just an honest answer needed. Are the proposed cuts a "reduction in rate of proposed increases"????  Or an ACTUAL cut?!!! I often went years without a pay increase and needed to keep my budget in check with no increase guaranteed. 



Then why would AARP - who is supposed to be representing all of us (I am 68) as 50+ seniors give us a FAKE headline like "Massive Cuts in Medicaid.....". Very disgusting. 

Social Butterfly
Posts: 82
Registered: ‎05-04-2017

Re: Medicaid Cuts

Message 2 of 4 (852 Views)

Help for the poor reduced

Over time, the GOP bill would limit the federal contribution to Medicaid, while shifting control of the program to states. Depending on what happens to costs, states may be forced to provide skimpier coverage, reduce their Medicaid rolls, or both. The congressional budget office estimated that an earlier version of the bill would leave about 14 million fewer people covered by Medicaid by 2026. (The House voted on the current bill without an updated CBO report.)

 

The one thing that irritatates me and should not be legal is this is also tacked on to our health care bill:

 

Billionaire Warren Buffett says the Republican plan to repeal and replace Obamacare would be a boon for the super-rich.

"It is a huge tax cut for guys like me," Buffett said Saturday at the annual shareholder meeting of Berkshire Hathaway 

 

Buffett, speaking to a crowd of tens of thousands in Omaha, said the cost of health care hurts businesses way more than corporate taxes. And it's hurting the economy.

"Medical costs are the tapeworm of American economic competitiveness," he said.

The U.S. economy grew at an annual oace of only 0.7% in the first three months of 2017. It was the slowest quarter of growth since the first quarter of 2014.

There are a number of ways the Republican health care bill, now on its way to the Senate, which has vowed to change it, would benefit the country's wealthiest.

 

Most notably, the plan would repeal Obamacare's tax hikes on wages and investments for high-income households. The taxes were crafted to help fund insurance subsidies and other provisions.

Info Seeker
Posts: 1
Registered: ‎12-04-2013

Re: Medicaid Cuts

Message 3 of 4 (857 Views)

 Of course, you are correct. It is not a decrease in the amount of money available for  medicaid, it is simply a reduction in the rate of increase. Instead of a 6% annual increase, it is only a 3% annual increase. The proposal anticipates that states will have additional funds freed up to make up to provide added low income benefits. Also, of course, it is Medicare, not Medicaid that most older Americans rely on. 

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Info Seeker
Posts: 3
Registered: ‎01-05-2017

Medicaid Cuts

Message 4 of 4 (871 Views)

Just an honest answer needed. Are the proposed cuts a "reduction in rate of proposed increases"????  Or an ACTUAL cut?!!! I often went years without a pay increase and needed to keep my budget in check with no increase guaranteed.