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.
The Budget Committee’s description lists the following proposed changes in Medicare:
In addition, Budget Committee staff have stated that the budget resolution assumes these further Medicare cuts:
These proposals may not be sufficient to achieve $487 billion in savings, and additional Medicare cuts may be necessary to reach the House target.