This week, the House Budget Committee approved a 2018 budget resolution that would end Medicare’s guarantee of health coverage by converting the program to a premium support system. It would cut Medicare spending by $487 billion, largely by shifting more health care costs to beneficiaries. This is in contrast to President Trump’s budget, which spares Medicare from cuts.
The Budget Committee’s description proposes the following changes in Medicare:
The Budget Committee staff have also stated that the resolution assumes further Medicare cuts in the form of: