how will trump getrid of medicare

What did Trump say about Medicare in his budget proposal?

Trump proposed spending $1.6 trillion less on future health care spending, including $451 billion less for Medicare. On Twitter, two days before releasing his budget, the president said, “we will not be touching your Social Security or Medicare.” It was a promise he also made in his State of the Union address.

Is Trump going after Social Security and Medicare?

Trump "signaled that he's going after Social Security and Medicare. Basically, he was talking about ending the financial contributions we all make into Social Security and Medicare through the payroll tax," Clinton said.

Did Trump's fiscal-year 2018 budget cut Medicare and Social Security?

His fiscal-year 2018 budget (proposed in 2017) did not include proposed cuts to Medicare and Social Security, but would have made cuts to Social Security Disability Insurance, which would have affected nearly 10 million people.

Is Trump defunding Social Security and Medicare with payroll tax defunds?

President Donald Trump's Saturday decision to sign an executive order to defer payroll taxes has fueled concerns that he is attempting to defund Social Security and Medicare, with the latest order drawing criticism from conservatives and liberals alike.

What is the new rule for Medicare?

The new rule promoted the use of generic drugs and would allow beneficiaries to know out-of-pocket costs in advance. The change was expected to increase revenue for the two Medicare programs by just under 1%. The Part D program was required to offer drug price comparisons beginning in January 2022.

How much does Medicare cost in 2019?

In 2019, Medicare spending reached $796.2 billion, with an average per capita benefit of $13,879 and a total administrative cost of 10.6%. Medicare is projected to grow from 3.7% of gross domestic product in 2019 to 6% in 2044, or 6.3 % under a more realistic scenario.

What did Verma say about Trump?

Verma said that Trump “wants to deliver on his promise to take care of beneficiaries and for Medicaid to ensure we have a safety net system that is sustainable.”

What is Medicare Advantage?

In February, the Centers for Medicare and Medicaid Services issued a rule to modernize Medicare Advantage, which offers private health plans that contract through Medicare and the Medicare Part D prescription drug program. The new rule promoted the use of generic drugs and would allow beneficiaries to know out-of-pocket costs in ...

How many federal employees are covered by Medicare Advantage?

We already have seen the effectiveness of that approach in the Medicare Advantage program and the Federal Employees Health Benefits Program, [which] covers approximately 8 million federal employees and retirees and their families.

Did Trump make reforms to Medicare?

by Fred Lucas. The Trump administration has made several free market reforms in health care that should contribute to the solvency of Medicare and Medicaid, the official in charge of the programs says. President Donald Trump, both as a candidate and as an officeholder, has opposed structural entitlement reforms backed by some conservatives.

Has Trump cracked down on fraud?

The Trump administration has cracked down on fraud and abuse, she noted.

Fact check: 'Record' job gains still leave the U.S. labor market in worse shape than Great Recession

On the last night of his party’s convention, President Trump bragged about “record” job gains in recent months, but the 9.1 million jobs he touts come with some qualifiers.

Trump usually includes new material in major speeches. Not tonight

President Trump spoke for roughly 70 minutes on Thursday, one of the longest convention speeches in modern history.

Trump speech missing several of his favorite talking points

While President Trump launched attack after attack on Joe Biden, he left out a number of his favorite topics of criticism in his acceptance speech.

Fact check: Trump claims Biden wants to 'close all charter schools.' That's false

"Biden also vowed to oppose school choice and close all charter schools, ripping away the ladder of opportunity for Black and Hispanic children," Trump claimed on Tuesday night.

Fact check: Trump repeats out-of-context Biden comment to mislead on police stance

President Trump, arguing that Americans wouldn't be safe under Joe Biden, repeated a claim Mike Pence made Wednesday, quoting the former vice president as saying, "Yes, absolutely," as a response to whether he'd broadly support cutting funding for law enforcement.

Fact check: Trump boasts of delivering PPE early in pandemic, doesn't mention ongoing shortages

"We shipped hundreds of millions of masks, gloves and gowns to our frontline health care workers.

Trump mentions Kenosha, not Jacob Blake

Midway through his speech Thursday, Donald Trump mentioned Kenosha, Wisconsin — but did not make mention of Jacob Blake, who was shot seven times in the back by the city's police.

Who warned that Trump's executive order would endanger seniors' Social Security and Medicare?

In a joint statement, Speaker of the House Nancy Pelosi , a California Democrat, and Senate Minority Leader Chuck Schumer, a New York Democrat, warned that Trump's executive order would "endanger seniors' Social Security and Medicare." Former Democratic presidential candidate Hillary Clinton echoed those concerns in a Sunday interview with MSNBC's AM Joy.

What did Pelosi and Schumer say about Trump's executive order?

In a joint statement, Speaker of the House Nancy Pelosi, a California Democrat, and Senate Minority Leader Chuck Schumer, a New York Democrat, warned that Trump's executive order would "endanger seniors' Social Security and Medicare.".

What did Democrats worry about the President's order?

Democrats quickly raised concerns that the president's order would defund programs millions of Americans rely on to survive.

Does Trump have the power to rewrite the payroll tax law?

"President Trump does not have the power to unilaterally rewrite the payroll tax law. Under the Constitution, that power belongs to the American people acting through their members of Congress," Sasse said.

Did Trump go after Medicare?

Trump "signaled that he's going after Social Security and Medicare. Basically, he was talking about ending the financial contributions we all make into Social Security and Medicare through the payroll tax," Clinton said.

Do Democrats support Medicare expansion?

To the contrary, many Democrats currently support expanding Social Security and Medicare. Addressing the concerns on CNN's State of the Union on Sunday, Trump's economic adviser Larry Kudlow said the president was not trying to defund the programs. "He will protect Social Security and Medicare, as he has pledged to do many, ...

Is payroll tax underfunded?

These systems, which have helped generations retire and live, are already underfunded. Cutting the payroll tax without replacing the funding is the same as getting rid of them.

How much money is Trump moving to Medicare?

To start, Trump is moving about one-third of the money--$269 billion —into a different section of the budget. He would not reduce spending for these two programs, which fund certain hospitals and medical education, he’d just shift them out of the Medicare account to somewhere else.

How much money would Medicare save?

The administration also claims Medicare would save about $30 billion from broad changes to medical malpractice laws.

How much money would the White House save by extending the fee for service?

In another change that could directly affect patients, the budget also would expand the requirement that they get prior authorization for Medicare fee-for-service treatment, an initiative the White House says would save about $6 billion.

Is Trump's budget senior friendly?

Make no mistake, the Trump budget is hardly senior-friendly. He’d freeze or reduce spending for many federal senior service programs—continuing a trend that has gone on for more than a decade. And his proposed cuts to Medicaid could hurt family caregivers of parents or younger relatives with disabilities. But the Medicare cuts? There is much less there than meets the eye.

Who said the Kaiser plan cuts the growth in Medicare spending without actually cutting benefits for current enrollees?

Tricia Neuman , a policy expert at the nonpartisan Kaiser Family Foundation, said the administration is right that the plan cuts the growth in Medicare spending without actually cutting benefits for current enrollees.

Did Trump touch Medicare?

President Donald Trump said he wouldn’t touch Medicare before pitching a budget plan that would do exactly that, along with steep cuts to Medicaid.

Does the President's proposed budget include work requirements?

President's proposed budget includes work requirements as a condition of eligibility for #Medicaid for non-exempt adults.

What happens if you don't get Medicare?

If you do not get Medicare and later change your mind, you would face late-enrollment penalties that would add 10 percent a year to Medicare Part B premiums for each year you are “late” in enrolling.

What happens if you keep your employer plan and also get Medicare?

If you keep your employer plan and also get Medicare, it would become the secondary payer of covered claims. I know you said your current plan was expensive and not very good, but I’d at least explore the impact on your coverage and out-of-pocket expenses if you did this.

How much does Medicare pay for Part B and D?

Medicare’s high-income premium surcharges will carry even more of a bite for wealthier enrollees. Those making more than $500,000 a year ($750,000 for couples) will pay 85 percent of the actual costs of Part B and D in 2019, up from 80 percent this year. Most Medicare enrollees pay premiums that equal about 25 percent of these costs.

What happens if you drop your employer coverage?

If you drop your employer coverage, your husband and son would need to find an ACA plan. Depending on your family income, their rates might be eligible for government subsidies.

When will Medicare waive late enrollment penalties?

To help them with this transition, Medicare has waived late-enrollment penalties until the end of September.

How long have people been bumped against the cap?

People with persistent therapy needs have bumped against these caps for more than 20 years, and Congress has regularly eased those rules. While claims above current cap levels may be subject to review, people who legitimately need extensive therapy will not have to depend on year-to-year congressional fixes.

When will the coverage gap end?

The much-maligned coverage gap (or donut hole) in these plans has been shrinking for years under the Affordable Care Act, and was supposed to end in 2020, at which time consumers in the gap would pay no more than 25 percent of the costs of their drugs. That end date was moved up a year to 2019.

The payroll tax funds Medicare and Social Security

The federal government imposes a 15.3% levy on wages known as the payroll tax. It's evenly divided between employers and workers, and most of it goes to fund Social Security. It also helps to finance Medicare, the federal health insurance program for people over the age of 65 and for younger Americans with disabilities.

Medicare and Social Security's finances are already shaky

Economists from the left-leaning Center for American Progress warned on Thursday that Trump's push to enact a payroll tax cut could further erode their shaky finances.