Today, we got some very good news when the official numbers for health care spending were released. New statistics from the Centers for Medicare & Medicaid Services show that the overall growth in health spending was at a historic low for the third year in a row.
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Today marks the 50th anniversary of the signing of the Social Security Amendments of 1965, which introduced Medicare and Medicaid into the American health care system. The programs currently enjoy widespread public support, with the majority of Americans indicating that Medicare and Medicaid, respectively, are “important to them and their family.” But the popularity of these programs stands in stark contrast to the political resistance they faced before their passage.
Related Reading:
- Analysis of the 2015 Medicare Trustees Report.
- Solvency has improved by 13 years from the date that was projected before enactment of the Affordable Care Act.
Opinion writers take on health policy issues related to repealing and replacing the Affordable Care Act as well as health care cost transparency, among others.
via Kaiser Health News.
Related Reading:
- CBO Confirms: GOP Healthcare Bill is a Huge Setback for Older Americans.
- Seniors who rely on Medicaid will suffer under the American Health Care Act. The CBO report calculates that the AHCA slashes Medicaid spending by $834 billion. Medicaid currently helps pay for long term care for millions of seniors nationwide.
via The Mercury News.
Related Reading:
We have been keeping track of President Trump and his administration’s actions on Social Security, Medicare, Medicaid, and health care.
Read more from our Trump timeline by clicking here.
With the election over, it is more important than ever to stay updated on the vital issues being discussed on Capitol Hill.
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It will keep you updated on Social Security, Medicare, Medicaid, and health care news.
(Photo Above: At an Ohio Truth Tour event, an attendee signs the pledge)
Medicare News:
Fact check: Romney’s charge on Obama’s $716-billion Medicare cut. - Los Angeles Times
Obama: Mitt Romney Would Turn Medicare Into Private Voucher System. - Huffington Post
Election News:
Romney embraces his health care plan. - Washington Post
How Will The Election Change Medicaid? - Kaiser Health News
Obama-Romney Debate: Romney Overstates Obamacare’s Effect On Job-Based Health Insurance. - Huffington Post
Social Security:
Social Security, Medicare. - Politico
Murphy tells seniors McMahon a threat to Social Security. - The Day
Full Transcript from Yesterday’s Debate:
The future of Medicare and Medicaid may depend on Sen. Charles Grassley. He is one of a handful of Senate Republicans who could serve as a firewall against harmful changes to these crucial programs that Iowa seniors rely upon. The GOP’S American Health Care Act would have cut $880 billion from Medicaid. With so many Iowa seniors depending on Medicaid for long-term care, it is perplexing that Sen. Grassley supported the AHCA. We hope the senator will reconsider his position the next time Republicans attempt to gut Medicaid.
Max Richtman via Des Moines Register.
- We are opposed to the House-passed American Health Care Act because of its adverse impact on older Americans and the Medicare and Medicaid programs and would like to see many of its proposals dropped or greatly improved in the Senate. In particular, we oppose:
- Reducing the Medicare Part A Hospital Insurance trust fund’s solvency by repealing the ACA’s 0.9 percent Hospital Insurance trust fund payroll tax on wages above $200,000 per individual or $250,000 per couple. Accelerating the exhaustion of the Part A trust fund would likely lead to cuts in Medicare, including privatizing the program, that would be detrimental to current and future beneficiaries.
- Driving up seniors’ out-of-pocket costs by repealing the ACA’s subsidies, based on income and the cost of health insurance, that help defray the cost of premiums. The AHCA would provide refundable tax credits ranging from $2,000 to $4,000, based solely on age. For many people age 60 and older, a $4,000 tax credit would fail to make comprehensive coverage affordable.
For the full letter please click here.
The Senate on Wednesday confirmed former hospital executive, Virginia government official and nurse Marilyn Tavenner to be administrator of the Centers for Medicare and Medicaid Services, a vast agency responsible for those named programs and major parts of President Barack Obama’s health care overhaul.







