No, Medicare is Not Going Broke: Understanding the 2018 Medicare Trustees Report

The June 5 release of the Medicare Trustees Report has triggered alarm bell-style media headlines. Dozens of news reports about Medicare’s worsening financial outlook have painted a bleak picture—some bleaker than others, with one boldface headline announcing, “Medicare will go broke three years earlier than expected.” The “go broke” headline was referring to the report’s projection that the trust fund that pays for hospital services, called the Hospital Insurance (or Part A) trust fund, will be depleted in 2026, three …

Social Isolation: The Silent Killer that Costs Medicare Billions in Extra Spending

Last week the AARP Public Policy Institute (PPI) sponsored a Solutions Forum on Capitol Hill (view recording HERE)  that put the spotlight on groundbreaking research showing how much social isolation—lack of meaningful contacts with others—costs the Medicare program. In two separate panels, participants in the packed room heard from experts who discussed the global problem of social isolation—or lack of meaningful contacts with others—among older adults. Susan Reinhard, Senior Vice President at AARP kicked off the event with a compelling …

The Senate Health Reform Bill Would Slash Medicaid Severely

The Better Care Reconciliation Act (BCRA) now under consideration in the Senate would drastically alter the Medicaid program. The proposed Senate bill would change the way the federal government currently funds Medicaid by limiting federal funding and shifting cost over time to both states and Medicaid enrollees. BCRA would subject older adults, adults with disabilities, expansion adults, and non-disabled children under age 19 to mandatory per enrollee caps beginning in 2020. State Medicaid programs would have the option to choose …

The Senate Health Reform Bill Would Slash Medicaid Severely

The Better Care Reconciliation Act (BCRA) now under consideration in the Senate would drastically alter the Medicaid program. The proposed Senate bill would change the way the federal government funds Medicaid by limiting federal funding and shifting cost over time to states and Medicaid enrollees. BCRA would subject older adults, adults with disabilities, and children to mandatory per enrollee caps beginning in 2020. State Medicaid programs would have the option to choose between block grants and per enrollee caps for …

Health Costs Inch Up as Obamacare Kicks In

By Jay Hancock, Staff Writer, Kaiser Health News Doctors and hospitals treated more patients and collected more payments in the spring as millions gained insurance coverage under the health law, new figures from the government show. But analysts called the second-quarter increases modest and said there is little evidence to suggest that wider coverage and a recovering economy are pushing health spending growth to the painful levels of a decade ago. >> 8 Things You Need to Know About Medicare …

Bill Aims to Root Out Waste In Medicare and Medicaid

New legislation proposed with bipartisan support on Capitol Hill aims to reduce waste, fraud and abuse in Medicare and Medicaid. Mistakes, inefficiencies and fraud in the two health care programs come at a steep price to both consumers and taxpayers, points out Joyce A. Rogers, senior vice president of government affairs for AARP, which has endorsed the bill. “The PRIME Act is a strong first step toward reducing waste, fraud, and abuse in our public health programs,” she says. (PRIME …