Medicaid Medicare Health Care Reform; Medicare Part D Prescription Drug Plan Funding News; Senior Citizens Affected by Government Funding Changes 2011

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Health care reform continues to make headlines as states work to make do with less federal funding for provisional programs. The federal deficit is looming large and legislatures across the nation are debating the ways that funding cuts will be made. Medicaid and Medicare remain on the table. There is little argument that the cuts are necessary. Democrats and Republicans alike acknowledge that something needs to be done to decrease the growing national deficit. In most states across our nation, budgetary cuts are being made across the board. Health care funding cuts are at the top of many state budget cut lists as the ever increasing cost of health care is growing by the day and states can’t keep up. Seniors that receive Medicaid services are at the forefront of the budget cut turmoil and are in a very vulnerable position. Seniors depend on the funding to maintain Medicaid and Medicare provisions such as Medicare Part D prescription drug plans. Keeping in mind that seniors in America receiving Social Security have not had a cost of living adjustment in two years and are now at risk of losing federal and state funding that supports Medicaid and Medicare programs, seniors are in a difficult predicament. As of July 1st, 2011, the federal government will phase out completely the provisional stimulus funding for Medicaid programs. Funding will be less, but enrollment rates continue to skyrocket. The math does not add up and the American contingent that will absorb the brunt of this blow will be our senior citizens. Author: Genny Germano

Medicaid Medicare Health Care Reform; Medicare Part D Prescription Drug Plan Funding News; Senior Citizens Affected by Government Funding Changes 2011