Poster
02-04-2004, 10:54 AM
When President Bush presented his budget to Congress on Monday, he revealed that Medicare costs will exceed the $395 million dollar price tag he sold it for. Experts say that in order to control the nation’s spiraling deficit, Congress may be forced to cut Medicare benefits.
“If the higher White House numbers come true over the next decade, Medicare beneficiaries could face increased out-of-pocket costs to maintain coverage. Medicare cost sharing is now tied to growth in overall spending on the program.”
Senior advocacy groups say this is very bad for older Americans, who shouldn’t have to worry whether or not they will have the proper coverage.
“Congress will be obligated to fund it," Neuman said. "It’s an entitlement. Unless Congress takes action to limit the number of people who would get the benefit or the benefits available to them, then spending follows the individual."
To read more go to: http://www.thedesertsun.com/news/stories2004/national/20040204022603.shtml
“If the higher White House numbers come true over the next decade, Medicare beneficiaries could face increased out-of-pocket costs to maintain coverage. Medicare cost sharing is now tied to growth in overall spending on the program.”
Senior advocacy groups say this is very bad for older Americans, who shouldn’t have to worry whether or not they will have the proper coverage.
“Congress will be obligated to fund it," Neuman said. "It’s an entitlement. Unless Congress takes action to limit the number of people who would get the benefit or the benefits available to them, then spending follows the individual."
To read more go to: http://www.thedesertsun.com/news/stories2004/national/20040204022603.shtml