$880B Federal Funds eliminated for Medicaid
I know we are not to talk politics, but this will affect many people, if and when such an agreement in Congress takes place. The U.S. House of Representatives yesterday [05/04/2017] voted to remove $880 Billion for funding of Medicaid over the next 10 years. Along with adding higher cost for health insurance for older people not already on Medicare, and adding higher cost for those with pre-existing conditions.
I didn't know how important Medicaid was for the elderly until I started reading and writing on Aging Care. Oh I hope the U.S. Senate doesn't allow this, as the ball is now in their court regarding this new Bill.
I felt my future would be secure knowing if I run out of self-funding that I could sign up for Medicaid to help get me through my older age. I was so rattled when I heard this morning's news. And to see some Congressmen and the current President applauding this was mind boggling.
And to make it even more interesting, the U.S. House voted that they are exempt from this. Say what? Seriously? Congress is suppose to get the same health care plans as any Federal employee, that is how it has been for decades.
What makes me uneasy is that if this Bill passes the U.S. Senate that the States won't received the Federal funds that they normally get, then the States would need to raise State/County/City taxes. If that doesn't happen, programs will be cut. Then what?
Hopefully I am worrying over nothing. Call your U.S. State Senator [each State has two] and rattle their cage if they are for the above changes.