• Wednesday, April 06, 2011RSS Feed

    House Republicans Call for Medicare Restructuring in 2012 Budget

    Americans who turn age 65 beginning in 2022 would choose a private health plan paid for with an adjustable subsidy from the government under House Republicans' 2012 budget proposal. The proposal restructures the Medicare and Medicaid programs in an effort to cut $5.8 trillion in projected federal spending over the next decade, says an article by Medscape Medical News

    The government subsidy provided in the new Medicare structure would be lower for wealthier Americans and higher for sick beneficiaries whose conditions worsen. Low-income beneficiaries would receive extra assistance to cover out-of-pocket expenses. Beneficiaries enrolled in the traditional Medicare program before 2022 would stay in that program.

    Titled "The Path to Prosperity," the proposal also would turn Medicaid into a simple block-grant program in which the federal share of the program is capped. Additional savings would be gained by limiting noneconomic (pain and suffering) damages in medical malpractice cases. The proposal also addresses the 29.5% cut in Medicare reimbursement for providers paid under the Medicare physician fee schedule next year by instituting an unspecified 10-year "fix" of the payment formula, says the article. 

    House Democrats say they'll soon release a 2012 budget bill to counter the Republican plan.

    Click here to read The Hill's "point-by-point analysis" of the proposal.


    Comments

    I have been a PT for a LONG time. I know exactly what will happen with the Republican plan currently being pushed: the elderly will get nothing and the insurance companies will get all the benefits. The system needs work, but NOT privatizing medicare. If the American people fall for this, they will pay the price.
    Posted by Mary Moriarity on 4/8/2011 8:20 PM
    Mary, could you possibly be a democrat? I don't think the above article quite had enough information to leap to such a sweeping conclusion. Let's study the facts before we dig in deep to our party's beliefs.
    Posted by Matt PT on 4/11/2011 8:50 AM
    Democrat, Republican, who cares?!? I am tired of seeing cuts in payment for services, and cuts in coverage for the beneficiaries of Medicare services. No matter what, the SYSTEM AS A WHOLE IS BROKEN. Restructuring may be a start, and getting all the facts is a good idea. I agree that those with more should get less assistance, and those that need help should get it, what I am leary of is the government being in charge of deciding who that is. So far, that hasn't worked out to well for our Medicare patients. It should not be decided by government officials who don't draw from Medicare and Medicaid - unless they actually learn how to listen to those who do.
    Posted by Jacquie M, PT on 4/11/2011 2:22 PM
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