Are Major Changes In Medicare A Part Of Recently Passed Budget

Noem11-21-11The US House passed a budget resolution that could make major changes in how Medicare operates.  South Dakota Congresswoman Kristi Noem says the plan would expand means testing as a way of covering costs…

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Noem says the changes would not really take effect for some time…

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Senior citizens can sign up for Medicare when they turn 65, but starting in 2024, that would increase by two months a year, eventually moving up to age 67. In that same time, the plan would change into a voucher program, where seniors could buy coverage on a health insurance exchange.
Noem says the program has based coverage prices on the income of those covered for some time…

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The Medicare proposal is part of a plan that will cut federal spending by five point five trillion dollars over ten years.