The President’s budget proposal calls for a reduction in Medicare and Medicaid spending over the next ten years of $295 billion. The President’s goal is for the savings to help pay for the cost of coming health care reform legislation. Among the targeted areas for cuts are spending on home health care and freezing reimbursement rates for skilled nursing homes. Readers of this Blog know that we have been talking about the reality of these cuts for a long time. There is no escaping the…
Posts tagged "Health Care for Seniors"
Medicaid Biggest and Most Controversial Component of Stimulus Package
Members of the U.S. Senate have been working overtime through the weekend to get the Stimulus package, voted on in the House of Representatives, back in line with the level President Obama had requested. The $920 billion level that the House passed, was $100 billion more than where the President and the Senate want it to be. Key in the bill is how much should be spent on Medicaid, and how to divide that money across all of the states. Medicaid, which is the primary…
Health Care for Seniors, Medicaid