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House Budget Cuts, Restructures Medicare

July 21, 2017

The 2018 budget resolution that the House Budget Committee approved this week would end Medicare’s guarantee of health coverage by converting the program to a premium support system. Overall, it would cut Medicare spending by $487 billion over the 2018-27 period, largely by shifting more health care costs to beneficiaries. President Trump’s budget, by contrast, would spare Medicare from cuts...

Person being weighed

Trump Budget May Break Promise to Protect Social Security, Medicare, and Medicaid

May 18, 2017

Early word about President Trump’s 2018 budget — which the White House plans to release on May 23 — suggests it will likely break his promise not to cut Social Security, Medicare, and Medicaid.

“I was the first & only potential GOP candidate to state there will be no cuts to Social Security, Medicare & Medicaid,”...


House-Passed Health Plan Would Speed Medicare Trust Fund’s Depletion by Two Years

May 9, 2017

Update, May 10: Based on additional information, we have revised the estimated depletion date of the Hospital Insurance trust fund to 2026, from 2025.

The House-passed bill to repeal the Affordable Care Act (ACA) would move up the Medicare Hospital Insurance (HI) trust fund’s depletion from 2028 to 2026, we estimate (see graph), and increase HI’s 75-year deficit by more...

House-Passed Health Bill Would Accelerate Medicare Insolvency by Two Years

Providing an Explicit Appropriation for Cost-Sharing Reductions Wouldn’t Require a Budgetary Offset

April 19, 2017

Recent statements by President Trump and an ongoing lawsuit have left health insurers uncertain whether they will continue to receive billions of dollars they’re owed in cost-sharing reduction payments. Congress could resolve this uncertainty by clarifying the law and providing an...

Health - Money and Stethoscope

House Republican Health Plan Would Increase Premiums

March 24, 2017

Speaker Paul Ryan says the House Republican health bill would lower premiums by 10 percent, but that’s highly misleading.  It doesn’t mean that the price of your insurance plan would be lower, as Ryan implies.  In fact, people who wanted to keep the insurance plan that they have would face premium...

In Focus: House GOP Health Plan Would Raise Individual-Market Premiums

House GOP Health Plan Would Accelerate Depletion of Medicare Trust Fund by Four Years

March 20, 2017

The House bill to repeal the Affordable Care Act (ACA) would move up the Medicare’s Hospital Insurance (HI) trust fund’s depletion from 2028 to 2024 (see graph). Repealing a payroll tax on high earners would advance the depletion date by three years, as we previously...

House Republican Health Bill Would Accelerate Medicare Insolvency By Four Years

House Republican Health Plan Would Weaken Medicare

March 14, 2017

The House bill to repeal the Affordable Care Act (ACA) wouldn’t just cause 24 million people to become uninsured, as the Congressional Budget Office (CBO) reports; it also would weaken Medicare by repealing a payroll tax on high earners that supports Medicare’s Hospital Insurance...

Repealing the Affordable Care Act's Additional Medicare Payroll Tax on High Earners

Projected Health Spending Falling — Even with ACA’s Coverage Expansions

February 13, 2017

In its latest projections, the Congressional Budget Office (CBO) continues to estimate that federal health spending — including the costs of the Affordable Care Act (ACA), which has enabled 20 million Americans to get coverage — will be less than what it had projected in 2010 without the ACA....

Projected Federal Health Spending Has Fallen Since January 2010 - Even With Affordable Care Act

Trump Move Harms Retirement Savers, Helps Wall Street

February 8, 2017

President Trump has directed the Labor Department to review an Obama Administration rule requiring financial advisers to put their clients’ interests first. The directive will likely delay, and possibly derail, this...

Wall Street

To Repeat: Medicare Isn’t Going “Bankrupt”

December 5, 2016

House Speaker Paul Ryan is repeating a myth that we and others have debunked before:  that Medicare is running out of money.  “Medicare goes bankrupt in about 10 years,” he said on CBS’ “60 Minutes,” adding that “for the X-...

Affordable Care Act (ACA) Significantly Improved Medicare's Finances