Proposed Budget Bill Threatens Significant Medicare Cuts by 2025

Potential Impact of Proposed Budget Bill on Medicare

As Washington debates a new budget bill, concerns are rising about its potential effects on Medicare. The bill, if passed, could result in significant funding reductions for the program, which serves millions of Americans.

A proposed cut of $500 billion raises alarms about the future of healthcare access for approximately 70 million individuals, including seniors, low-income adults, and those with disabilities. These cuts could pose challenges in finding healthcare providers and maintaining current medical relationships.

The bill, already passed by the House, threatens not only Medicare but also Medicaid and the Supplemental Nutrition Assistance Program (SNAP), among other critical services. While the bill doesn’t explicitly mention Medicare cuts, they would be a consequence of the $2.3 trillion deficit it would create, triggering automatic reductions under existing law.

This scenario could jeopardize community hospitals, particularly in rural areas, by making it difficult for them to operate. The ripple effect might extend to families of Medicare beneficiaries and workers with employer-provided health insurance, who could see increased premiums and out-of-pocket expenses as healthcare providers adjust their charges.

The urgency to address this issue is clear. Those concerned about the potential ramifications of this legislation are encouraged to stay informed and take action. For updates and ways to get involved, text GO to 237263 or visit Get Organized.