Obamacare's Medicare Cuts Create Future Access Problems for Seniors
Created on July 29, 2016
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Read the original report, "Medicare’s Next 50 Years: Preserving the Program for Future Retirees," 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, “2016 Annual Report of the Boards of Trustees of the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds,” p. 194, June 22, 2016, https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/ReportsTrustFunds/Downloads/TR2016.pdf (accessed July 19, 2016).
CHART 11 • SR 185
Tags: Medicare, retiree, health-care, deficit