Tag: Medicaid
Medicaid serves millions of low-income Americans, many of them elderly. Federal spending on this program now approaches the dollars spent on Medicare, the primary health care program covering virtually all Americans over 65. Many people confuse the two programs, or cast Medicaid as a program strictly for the poor. Many are unaware of the financia…
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…