The House Republicans' budget proposal to cut hundreds of billions in Medicare and Medicaid funding over the next 10 years would have negative consequences for both patients and healthcare providers, the leader of the American Hospital Association said Tuesday.
“We think it's going to severely impact access for seniors and vulnerable citizens of the Medicaid program,” Richard Umbdenstock, president and CEO of the AHA, told Modern Healthcare.
On Tuesday, House Budget Committee Chairman Paul Ryan (R-Wis.) released his panel's fiscal 2012 budget, which aims to cut $6.2 trillion in government spending over the next decade compared with President Barack Obama's budget for next year; bring non-security discretionary spending to below 2008 levels; and reduce deficits by $4.4 trillion over 10 years.
The budget's spending outlays over the 10-year timeframe total about $40 trillion, which represents about 20.5% of the nation's gross domestic product, based on a10-year average.
As Ryan announced earlier, the plan would convert Medicaid funding to block grants for states and change Medicare to employ a model that allows beneficiaries to choose from a list of plans.