Word: medicaid
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...Washington Health-Care Battle Heats Up With details of the much heralded health-care overhaul beginning to trickle through the capital, interest groups are gearing up for a fight. President Obama's June 13 proposal to cut $313 billion in Medicare and Medicaid spending over 10 years rankled hospitals, and doctors bristled because of his refusal to endorse caps on malpractice claims in a speech to the American Medical Association two days later. Some physicians also oppose a public-health-insurance option, a centerpiece of Obama's plan. Anticipated draft legislation has been delayed while Capitol Hill continues to haggle...
...given one of the ways the Obama Administration is considering to help pay for an overhaul that could cost north of $1 trillion, that impact could be even tougher than expected. A recent proposal by the White House would cut some $216 billion in Medicaid and Medicare funding, including $106 billion that now goes directly to hospitals. (See pictures of Barack Obama's family tree...
...allow those not insured by their employers to deduct the cost of their insurance policies from their income taxes. In May, Representative Paul Ryan, together with Representative Devin Nunes, introduced a bill called the Patients' Choice Act, which would essentially 1) redirect much of the money that goes into Medicaid to individuals to buy health savings accounts, 2) encourage high-deductible health insurance and 3) tax employee health benefits in a manner similar to what Senator John McCain proposed during the presidential election. That bill was akin to what Ryan proposed in the 2010 GOP budget alternative...
...Pensions Committee, has said he too is working on legislation. Some of the bills aren't actually meant to be comprehensive. The patients' bill introduced by Senator Mitch McConnell and Senator Jon Kyl would simply bar the government from using comparative-effectiveness research to reduce costs in Medicare and Medicaid; the two say such approaches are used in socialized health systems...
...family living at 400% of the poverty level is 14% of their income - an amount that health-care experts do not consider to be onerous. Though not spelled out at this point, the bill will include "hardship" exemptions. More importantly, it would also feature a big expansion of Medicaid, the federal-state program that provides health care to the poor, though lawmakers are still awaiting figures from the Congressional Budget Office that would indicate how much bigger they could make the existing program...