tci Medicare Compliance & Reimbursement - 2003 Issue 12
Spending: HOUSE GIVES MEDICARE REPRIEVE, MEDICAID STILL ON CHOPPING BLOCK
The budget resolution approved, 215-212, by the House March 20 spares Medicare from cuts of more than $200 billion over 10 years that were contained in the House Budget Committee’s original version. But the plan still cuts Medicaid by more than $90 billion, and mandates decreases of $2 billion in the State Children’s Health Insurance Program. The bill now features “findings and purpose” to further “emphasize the congressional intent” that cuts are to come from “waste, fraud, and abuse,” according to a Budget Committee document. The plan contains a $400 billion reserve for...
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