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Title : Senate Budget Commission Adopts Budget Blueprint––Need For Revenue Continues To Endanger Medicare Payoff Funding

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Senate Budget Commission Adopts Budget Blueprint––Need For Revenue Continues To Endanger Medicare Payoff Funding

The Senate Budget Committee voted along political party lines this yesteryear calendar week to adopt a 2008 budget blueprint that includes substantial funding for the State Children’s Medicaid Program (S-CHIP), additional veterans care, as well as many other wellness help needs.

Most notably, the designing has entirely identified $15 billion of the $50 billion needed to expand the S-CHIP program. They programme to teach that $15 billion from "certain overpayments to wellness help providers." The other $35 billion would withdraw to come upwardly from “spending reductions.”

Target disclose 1 for picking upwardly that needed coin is the Medicare Advantage programme that both MedPAC and CBO enjoin is over funded--CBO says yesteryear $65 billion.

The managed help industry is picking upwardly their lobbying efforts inwards response focusing on all the extra benefits Medicare Advantage seniors teach as well as the popularity of the program. But that begs an of import question. Just when did nosotros produce upwardly one's heed that seniors inwards mortal Medicare Advantage plans should teach ameliorate benefits than seniors inwards the traditional Medicare program? The manufacture had ameliorate convey a practiced answer for that one.

The budget procedure is only commencement as well as has a long agency to go. But Senate Democrats convey started downward the degree nosotros convey been predicting since October—Medicare Advantage funding is inwards trouble.

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