Medicare
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The Long-Term Fiscal Outlook Is Bleak
December 16, 2008
This report updates the Center on Budget and Policy Priorities’ projections of federal spending, revenues, deficits, and debt through 2050. These projections — like the projections the Center issued in January 2007 and the projections by other institutions such as the Congressional Budget Office (CBO), Government Accountability … -
Podcast: Long Term Deficit Projections Highlight Need for Action
December 16, 2008
This podcast discusses a report that provides updated long-term federal budget projections. The report describes the factors driving the big increases in deficits and debt projected for the next several decades, such as rapidly rising health care costs and revenues that are inadequate to cover even current expenditures. This podcast features the Center's Executive Director Robert … -
Medicare Changes Can Complement Health Reform
July 31, 2008
The U.S. health care system faces well known problems: 47 million people without health insurance, rapidly rising costs that consume 16 percent of the country’s economic output, and uneven quality of care. At the same time, Medicare — the federal program that provides health coverage for older Americans and … -
Statement by Edwin Park, Senior Fellow, on the President's Veto of the Medicare "Doctor Fix" Bill
July 15, 2008
Contrary to the President’s claim today, the Medicare bill would not “harm beneficiaries by taking private health plan options away from them.” It would merely slow the explosive growth in private fee-for-service plans, the most overpaid and least efficient private Medicare plans. Under the bill, overall enrollment in Medicare … -
Policy Points: Controversial Provision of "Doctor Fix" Bill Would Improve Medicare and Help Keep Bill Deficit-Neutral
July 7, 2008
When the Senate returns from its July 4th recess, it is expected to reconsider H.R. 6331, the Medicare “doctor fix” bill that failed to advance by one vote last month. Despite overwhelming bipartisan support in the House (which passed it by a 355-59 vote), the bill stalled in the … -
Improving the Medicare Savings Programs Would Help Low-Income Seniors Cope With Higher Medical Expenses
May 20, 2008
Bipartisan Senate negotiators are crafting Medicare legislation that would avert a cut in physician payments scheduled to take effect at the end of June. This legislation could also include long-overdue improvements to the Medicare Savings Programs, which help low-income Medicare beneficiaries pay their premiums and cost-sharing. … -
Informing the Debate About Curbing Medicare Advantage Overpayments
May 13, 2008
Bipartisan Senate negotiators are now working on the details of Medicare legislation that would avert a cut in physician payments scheduled to take effect at the end of June. This legislation could also serve as an opportunity to curb, at least to a modest extent, overpayments to private insurance plans that … -
Trustees Reports Show Social Security Shortfall Manageable, Medicare's Problems More Daunting
Revised April 2, 2008
The annual reports of the Social Security and Medicare trustees project the financial status of these two programs for the next 75 years. The new reports confirm that policymakers will need to take action to keep Social Security and Medicare on a sound financial footing. In evaluating the new reports, the reader should keep several … -
Statement By Robert Greenstein Executive Director On The New Reports From The Social Security And Medicare Trustees
March 25, 2008
Today’s reports demonstrate again that policymakers will need to take action to shore up Social Security and Medicare finances, with the challenge being more modest in Social Security and more daunting in Medicare. Social Security The reports show that Social Security will be able to pay full benefits until 2041 and to pay 75 … -
The President's Budget and the Medicare “Trigger”
Revised February 15, 2008
Today, the President submitted legislation to Congress that would ostensibly keep general revenues from covering more than 45 percent of overall Medicare costs in each year through at least 2013. Congress is supposed to consider the President’s proposal or a comparable proposal to avoid exceeding the 45-percent limit. Some have … -
The Dubious Priorities of the President's FY 2009 Budget
Revised February 7, 2008
The President’s budget would provide more tax cuts heavily skewed to the most well-off while cutting vital services for low- and moderate-income Americans, generating large deficits, and increasing the strain on states already confronting budget problems as a result of the economic downturn. The budget …
