Congress · 117th Congress
Home health groups fight back against proposed cuts
Lawmakers have already introduced legislation that would block CMS from making the cuts through 2026 despite the recommendation from MedPAC.
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Lawmakers have already introduced legislation that would block CMS from making the cuts through 2026 despite the recommendation from MedPAC.
Under the package, patients wouldn’t see prices that Medicare negotiates directly with drugmakers until 2026, and they would only involve 10 high-cost drugs.
grants over five years for semiconductor manufacturing and research, along with 5G wireless deployment; a tax credit covering 25 percent of spending on new semiconductor manufacturing plants through 2026
Medicare is probably more costly in the long run and has an even earlier trust fund exhaustion date, in 2026.
Under the House bill, the Department of Health and Human Services would negotiate prices for insulin and up to 10 drugs without generic competition in 2025, 15 drugs in 2026 and 2027, and 20 drugs afterward
with party leaders on a potential five-year suspension of the $10,000 cap on state and local tax deductions, though that break would be paid for by extending the current law cap five years beyond its 2026
Manchin has expressed concern about any Medicare expansion, saying its costs shouldn’t be increased at a time when the program’s hospital insurance trust fund is slated to become insolvent by 2026
Medicare’s financial problems start to pinch in 2026, when hospital payments would need to be trimmed 9 percent, according to government actuaries.
Waters’ draft bill would increase the number of vouchers incrementally for five years and then guarantee subsidies for all who qualify starting in 2026.
Medicare’s trust fund, which pays for inpatient hospital care, is expected to start running dry in 2026, according to the 2020 annual trustees’ report.