Presentation on theme: "By: Kevin Tang. -Senator Robert Wagner tries to pass National Health Act of 1939. Fails. -On November 19, 1945,President Truman outlined a comprehensive,"— Presentation transcript:
-Senator Robert Wagner tries to pass National Health Act of 1939. Fails. -On November 19, 1945,President Truman outlined a comprehensive, prepaid medical insurance plan for all people through the Social Security system. -In 1965, the President Lyndon B. Johnson signed the Social Security Act, which included the Medicare and Medicaid bill. -In 1972, Nixon signs the Social Security Amendments of 1972, which extended Medicare eligibility to 65.
-In 1977, the Health Care Financing Administration was created under HEW to effectively coordinate Medicare and Medicaid. -In 1980, HEW was divided into the Department of Education and the Department of Health and Human Services (HHS). -The Omnibus Budget Reconciliation Act of 1990 establishes the Specified Low Income Medicare Beneficiary eligibility group requiring state Medicaid programs to cover premiums for Medicare beneficiaries. The Deficit Reduction Act of 1984 attempts to slow the growth of Medicare spending and constrain the federal deficit.
-The Medicare Catastrophic Coverage Act of 1988 added a drug benefit to Medicare, a limit on out-of-pocket expenses, and expanded hospital and nursing facility benefits. Repealed in 1989 -President Clinton signed the Balanced Budget Act of 1997 (BBA). It established changes to slow the growth of Medicare, the Medicare +Choice program, and a new State Children's Health Insurance Program (SCHIP). -On December 8, 2003 President George W. Bush signed the Medicare Prescription Drug Improvement and Modernization Act into law. -The Patient Protection and Affordable Care Act (PPACA), was enacted in 2010.
Covers 45 million Americans Account for 23% of federal spending this year. Costs outgrowing budget due to increased enrollment and medical inflation Under current law, the two programs will account for 28% in 2021 In April, Obama revealed a framework of cuts for deficit reduction in Medicare and Medicaid that would save $480 billion by 2023
Raising the age from 65 to 67 Major reforms to save billions, potentially trillions No age change Less steep cuts on health care Overall, there is a consensus that health care should be reform to reduce deficit spending, but HOW to reform Medicare/Medicaid is a major issue.
Expand coverage to everyone Strengthen Medicare while improving efficiency (to cut deficit) Tax cuts and credits to help families pay for health insurance
Support health care reforms that lower cost and preserve quality Oppose government-run health care
Repeal Obamacare Tax deduction to those who buy their own health insurance Make health care more like a market Believes in the Ryan Plan
Stimulate job creation so more Americans are covered by employer- sponsored health plans Repeal Obamacare Opposes government- run healthcare
Repeal Obamacare Voted Yes for Ryan Plan Push for greater competition in health care market
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