Proposed Budget Cuts to #Medicare episode artwork

EPISODE · Mar 18, 2019 · 16 MIN

Proposed Budget Cuts to #Medicare

from Jae'$ Corner Podcast · host Jae Oh, CFP, Author

Watch the trailer and read what a retired hospital CEO & CFO says about the book: https://youtu.be/l0ChK-6meDY Here are the "highlights" of the proposed changes to Medicare. Block grants for Medicaid Part D discount doesn't count for your Part D Coverage Gap calculation Lower CMS rates to hospitals The practical reality is that it will be very difficult to pass these. The implications of the proposals are meaningful. Fiscal and demographic pressure exists on the CMS Part D discount not counting will make it more important to check your Part D or MAPD every year While this is going to look like a political fight, these two bullet points exist irrespective of "red state" or "blue state," or whatever other name-calling you will see in the future.  While "anything can happen" is a convenient phrase, these bullets points are not that. They are known, what we have always known, and that people don't understand the implications. Enter a certain book on Medicare matters.

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