General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat Will Project 2025 Do To Medicare
Something I ran across; People who retire on Medicare will be forced into Medicare Advantage Plans. Project 2025 will also cut back on regulations on Medicare Advantage Plans. In other words one will have to get prior authorization for a procedure which will then become more difficult with lax regulations.
Project 2025 also wants to repeal the Inflation Reduction Act which allows Medicare to negotiate for lower drug prices.
A bigger light needs shined upon Project 2025.
Aviation Pro
(15,190 posts)However, two of the 2025 authors, Rachel Grezsler and Stephen Moore, have advocated for increasing the full benefits age and privatization of the program.
Lonestarblue
(13,182 posts)hermetic
(9,112 posts)We havent heard much about the massive tax breaks, giveaways, and cuts for billionaires and corporations that P2025 would usher in, while creating new taxes that would land squarely on the backs of the middle and working class.
Proposed plans include:
Doing away completely with the 15% corporate minimum tax and the 1% excise tax on stock buybacks.
Paralyzing the IRS by ending enforcement funding from the Inflation Reduction Act, which so far has already brought in over $1 billion in unpaid taxes.
Changing the tax brackets to deliver a massive tax cut to the upper brackets, letting the ultra-wealthy off the hook, while increasing taxes on working families. According to a study by the Center for American Progress:
A family of four with $100,000 income would pay $2,600 more per year, and a family of four with a $5 million income would receive a cut of $325,000.
More light, indeed.
Silent Type
(12,372 posts)a month. Right now, I'm covered by traditional Medicare/Supplement/Drugplan, but I suspect I'll be forced to change for financial reasons within the next 5 years.
Mersky
(5,340 posts)Chapter 14 is where youd find methods of funneling recipients to Medicare Advantage, taking away drug price negotiations, a conflicted preference for HMOs, and generalized references to tRump admins non-solutions to healthcare being complicated. Then later in the document, they talk about loosening licensing restrictions on doctors and healthcare providers, because of course.
Theres a lot more, but make no mistake, they will mess up Medicare.