Capping federal Medicaid spending, raising the eligibility age for Medicare, and bundling Medicare payments to healthcare providers are some of the federal spending reduction possibilities included in a report by the Congressional Budget Office released Wednesday.
Capping federal Medicaid spending, raising the eligibility age for Medicare, and bundling Medicare payments to healthcare providers are some of the federal spending reduction possibilities included in a report by the Congressional Budget Office (PDF) released Wednesday.
The release of the 316-page document came the same day the joint House and Senate budget conference committee resumed deliberations on fiscal issues with the goal of reaching a broader agreement on spending and taxes to avoid another government shutdown and threat of debt default. The report was unsolicited by Congress and is meant to inform lawmakers about the budgetary implications of various ways to reduce spending or increase revenues, the budgeting agency said. Non-healthcare related proposals included reducing social security benefits for new beneficiaries by 15%, increasing federal insurance premiums for private pension plans, and reducing or eliminating subsidized loans for undergraduate students.
The government is currently operating under legislation that provides funding until Jan. 15 and suspends the borrowing limit until Feb. 7. CBO Director Douglas Elmendorf testified at the panel and said the report could help lawmakers during their budget deliberations.
Read the full story here: http://bit.ly/1bqHQtT
Source: Modern Healthcare
Bridging the Vaccination Gap: Insights on Global Immunization Challenges
July 30th 2024On this episode of Managed Care Cast, we speak with Jeffery A. Goad, PharmD, MPH, 2024-2025 president of the National Foundation for Infectious Diseases, on the recent report from the World Health Organization and UNICEF on public immunization rates, with national and global health implications.
Listen
Despite Record ACA Enrollment, Report Reveals Underinsured Americans Are in Crisis
November 21st 2024Despite significant progress in expanding health insurance coverage since the Affordable Care Act (ACA) was enacted, millions of Americans still face critical gaps in access to and affordability of health care.
Read More
Double Trouble: High-Deductible Plans Raise Maternity Care Costs Across 2 Calendar Years
June 27th 2024On this episode of Managed Care Cast, we're talking with the author of a study published in the June 2024 issue of The American Journal of Managed Care® about how annual high-deductible insurance plans increase maternity care costs when pregnancies cross 2 calendar years.
Listen
Uniting to Support Patients With Cancer Beyond Treatment
November 17th 2024Kasey Bond, MPH, of Perlmutter Cancer Center at NYU Langone Health, speaks to why it’s vital to keep patients at the center of all strategic partnerships between academic institutions and community-based oncology practices.
Read More
Support and Skepticism Emerge as Reactions to Robert F. Kennedy Jr’s HHS Nomination
November 15th 2024In the hours after President-elect Donald J. Trump tapped Robert F. Kennedy Jr to lead HHS, reactions came swiftly to the controversial pick who would have a large influence to shake up public health.
Read More