KFF February 17, 2023
Once again, Medicare is getting political attention.
Medicare is the main source of health insurance coverage for 65 million people, and a major source of revenue for hospitals, other health care providers, and health insurers that offer Medicare Advantage plans. Over the years, policymakers have debated major changes to Medicare driven by concerns about solvency, sustainability, and affordability, propelled by an aging population and systemwide increases in health care spending, as well as the program’s contributions to federal budget deficits and debt. While the possibility of reducing Medicare spending emerged recently in the context of the debt limit debate – and some members of Congress continue to talk about changes to the program — President Biden and now House Speaker...
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