Medicare up for debate in 'fiscal cliff' negotiations

Share this article:
President Barack Obama
President Barack Obama

With deficit reduction all the rage in Washington, the central question remains: Where might funding cuts and revenue streams come from? Medicare is in the crosshairs, continuing to make providers anxious as deficit reduction talks stretched into the weekend.

The administration's $4 trillion plan, submitted to lawmakers Thursday, includes $1.6 trillion in higher taxes and a $400 billion in cuts to entitlement programs, including Medicare. The GOP rejected the administration's offer last week, although Sen. Minority Leader Mitch McConnell (R-KY) told the Wall Street Journal that he'd like to see an increase in the Medicare eligibility age and increase in Medicare premiums for the wealthy as part of a deal to increase tax revenue.

Long-term care providers have fought against any cuts to Medicare, with the American Health Care Association campaigning in November with a weeklong ad blitz.

Share this article:

More in News

Skilled nursing facility trends contribute to improved Medicare outlook, Congressional report says

The Medicare trust fund is on track to remain solvent until 2030, trustees of the program stated in a Congressional report released Monday. This improved outlook is due in part to revised expectations about the case mix in skilled nursing facilities.

House bill would define, promote coordinated long-term care services

A bill introduced in the House of Representatives would target improved care coordination for seniors, also adding it under the Older Americans Act.

Seize the day: Tech Awards deadline is tomorrow

Seize the day: Tech Awards deadline is tomorrow

The final countdown has begun: Long-term care providers have less than 48 hours to enter the third annual McKnight's Excellence in Technology Awards. Submissions will be accepted through July 30.