Tag: healthcare spending

Business briefcase, stethoscope and financial market charts

This year I, with my sidekick Michael Wicklein, took a more-careful-than-usual look at the Trustees Report for the Medicare program. After all, Medicare – like Social Security – relies on payroll tax revenues, so it’s useful to understand the competing needs.  Traditional Medicare is composed of two programs.  The first – Part A, Hospital Insuranc…

Top view of stethoscope,magnifying glass,plant and blackboard written with Medicaid on wooden background

Cuts will cascade just as Baby Boomers age into need for nursing home care.  According to the Congressional Budget Office (CBO), the House version of “Repeal and Replace” would cut federal health care expenditures by $1.2 trillion over the decade 2017-2026, result in 24 million fewer Americans having medical insurance by 2026, and impose a…