Podcast Center
Video Center
Webcasts
Resource Center
Events
September 03, 2012 at 03:18 AM
A Medicaid block grant funding program proposed by Republican presidential contender Mitt Romney and his running mate, Paul Ryan, could get reimbursement for Americans who use Medicaid nursing home benefits by an average of about $2,500 per year over 10 years.
David Cutler, a senior fellow at the Center for American Progress Action Fund, Washington, and two colleagues have given that estimate in a commentary published on the fund website.
Cutler and his colleagues are predicting that, under the Romney-Ryan plan, Medicaid spending would be 35% lower in 2022 than it would be if current program rules continue, and that Medicaid spending would be 49% lower in 2030.
Medicaid plan managers spend about 23% of their budgets on people ages 65 and older who are also eligible for Medicare, the analysts say.
