Caps Would Pinch Medicaid For Decades To Come
Mitch McConnell: GOP Senate Leader |
Cuts to Medicaid — the primary source of supports for millions with disabilities — would continue for decades under a U.S. Senate proposal to cap the program, a nonpartisan analysis finds.
Spending on Medicaid is projected to be 35 percent lower than under current policy by 2036. That’s according to a new report from the Congressional Budget Office. “Over the next decade, CBO projects, a large gap would grow between Medicaid spending under current law and under this bill. In later years, that gap would continue to widen because of the compounding effect of the differences in spending growth rates,” the budget office said. The Republican proposal under consideration in the Senate would convert Medicaid to a per-capita cap system, much like a version of the legislation passed by the House of Representatives in May. (courtesy: Disability Scoop)
Spending on Medicaid is projected to be 35 percent lower than under current policy by 2036. That’s according to a new report from the Congressional Budget Office. “Over the next decade, CBO projects, a large gap would grow between Medicaid spending under current law and under this bill. In later years, that gap would continue to widen because of the compounding effect of the differences in spending growth rates,” the budget office said. The Republican proposal under consideration in the Senate would convert Medicaid to a per-capita cap system, much like a version of the legislation passed by the House of Representatives in May. (courtesy: Disability Scoop)
Comments
Post a Comment