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Trump's 2020 Budget Cuts - 3/15/2019

President Trump’s 2020 budget proposal aims in cutting the budget for Medicare, Medicaid and Social Security.  During President Trump’s 2015 campaign he promised to not touch Medicare, Medicaid and Social Security.

 Medicare Part D is the only area of these reforms that could raise out-of-pocket drug prices for some while lowering it for others. Otherwise, premiums, deductibles, and co-pays would largely be left not touched. This budget proposes finding $845 billion in savings over 10 years from Medicare as we know it. But $269 billion of that figure is reclassified under the Department of Health and Human Services, bringing the Medicare cuts to $575 billion. 

 Medicaid reforms include adding work requirements and repealing Medicaid expansion and one of the most successful policies within the Affordable Care Act. Medicaid expansion reduced the uninsured rate by more than 6 percent in states that enacted the policy; it continues to show better health outcomes and is popular in conservative states. The Medicaid budget cuts amount to $1.5 trillion over 10 years, but looked at in the context of the new block grant as well the work requirements and ACA cuts, the cuts round out to about $777 billion — which could leave millions more uninsured.

 Social Security continues to be on the attack, including to a program that gives assistance to those who have disabilities that prevent them from being in the workforce. In all, the cuts to Social Security amount to $25 billion over the next 10 years, cutting roughly $10 billion from the Social Security Disability Insurance (SSDI) program, which the administration says will be found through cutting down on fraud — a common conservative talking point.

  

 

About OrionNet Systems

OrionNet is an Oklahoma small business founded in 2001. OrionNet has designed, developed and supported applications created both for the client-server and web environments, as well as developing, marketing and supporting a commercial application for the counseling centers industry.

Visit the OrionNet Systems’ website, www.iorion.com, or their social media pages, https://twitter.com/ThinkHealth & https://www.facebook.com/pages/OrionNet-Systems/139352156150090 for more information.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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