Obamacare's Medicare Cuts Mean Future Access Problems for Seniors
Created on April 1, 2016
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Read the original report, "Year Six of the Affordable Care Act: Obamacare’s Mounting Problems," by Robert E. Moffit.
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By 2040, the Centers for Medicare and Medicaid Services Actuary projects that most hospitals, skilled nursing facilities, and home health agencies will become unprofitable.
Note: CMS simulations take into account the lower Medicare payment rates, other payment provisions, sequestration, changes to Medicare and Medicaid disproportionate share payments, and coverage expansions.Source: Centers for Medicare and Medicaid Services, “2015 Annual Report of the Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds,” https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/ReportsTrustFunds/Downloads/TR2015.pdf (accessed February 18, 2016).
CHART 5 • BG 3109
Tags: Obamacare, Affordable-Care-Act, Health-Insurance