Medicare may be under assault in the newly convened Republican-controlled Congress - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 3, 2017 Newswires
Share
Share
Post
Email

Medicare may be under assault in the newly convened Republican-controlled Congress

Miami Herald (FL)

Jan. 03--It's not just Obamacare that will be under assault in 2017. Medicare may also get a makeover when the new Republican-controlled Congress convenes Tuesday.

While on the campaign trail President-elect Donald Trump promised to leave retirement programs alone, but senior advocates and political pundits alike say House Republicans have long wanted to change the national insurance program that provides healthcare to more than 55 million Americans who are 65 or older and younger people with disabilities.

House Speaker Paul Ryan (R., Wis) has long wanted to replace traditional Medicare with a federal voucher system that would help beneficiaries pay premiums to commercial insurance plans. Ryan calls this system "premium support."

"Obamacare rewrote Medicare ... so if you're going to repeal and replace Obamacare, you have to address those issues as well," Ryan said in an interview with Fox News Channel days after the election.

What's more, some of Trump's advisers have previously called for changes to Medicare, as well as Social Security and Medicaid. Tom Leppert, the former mayor of Dallas who is on his transition team, once released a plan calling for the privatization of Social Security and Medicare. In a policy paper titled "An American Opportunity," Leppert urged the government "to provide Medicare subsidies for the purchase of certified private plans" while maintaining the current system for those 55 and older.

The makeover will likely begin on the first day the 115th Congress meets, which is when the House of Representatives typically votes on the rules that determine how bills are handled on the House floor for the next two years.

"In the past," writes Charles Tiefer, a professor at the University of Baltimore School of Law and expert on government contracting and Congressional legislating, "Congress had procedurally shielded Medicare and Medicaid from the most alarming kinds of meddling and slashing. Other kinds of spending, like defense and farm subsidies, occur only by annual appropriations. They compete afresh, each and every year, with the rest of the appropriated spending, known as 'discretionary spending.'"

In other words, Medicare is considered "mandatory spending" and therefore do not have to compete with the general pool of discretionary spending. Changes to these programs can only be made by some "affirmative new legislation." This Congress, Tiefer maintains, will likely change the rules by switching these programs from "mandatory funding" to "discretionary appropriations."

With Medicare competing for long-term funding, Republicans hope to "voucherize" the program by giving Medicare beneficiaries a fixed (and limited) amount to buy insurance policies. Currently, Medicare beneficiaries are enrolled in a full fee-for-care program.

Democrats have vowed to fight the privatizing of the program. Last month , House Minority Leader Nancy Pelosi (D., Calif.) joined forces with Sens. Chuck Schumer (D., N.Y.), the incoming Senate Democratic leader, and Bernie Sanders (I., Vt.) to warn their Republican counterparts that they would stand against the proposed changes.

"We're going to need everyone to stand together next year to fight back any attempts to privatize or weaken Medicare," Schumer said in December. "All signs suggest a fight is coming."

And Sanders reminded Trump of his campaign promises. "You said you would not cut Social Security, you would not cut Medicare, you would not cut Medicaid. You know what? Millions of us are going to demand that you keep your promise."

Trump, however, hasn't talked about Medicare since his election, focusing on his cabinet picks and other government matters instead.

___

(c)2017 Miami Herald

Visit Miami Herald at www.miamiherald.com

Distributed by Tribune Content Agency, LLC.

Older

Hit hard by powerful storm, Albany Museum declared ‘total loss’

Newer

The Latest: House adopts new rules package along party lines

Advisor News

  • House panel votes to raise certain taxes, transfer money to offset Medicaid shortfall
  • Iowa House backs temporary tax hike to fill Medicaid gap
  • Charitable giving planning can strengthen advisor/client relationships
  • Iowa Medicaid temporary tax plan draws sharp public opposition
  • New $6K deduction could provide tax planning window for retirees
More Advisor News

Annuity News

  • We can help find a loved one’s life insurance policy
  • 2025: A record-breaking year for annuity sales via banks and BDs
  • Lincoln Financial launches two new FIAs
  • Great-West Life & Annuity Insurance Company trademark request filed
  • The forces shaping life and annuities in 2026
More Annuity News

Health/Employee Benefits News

  • Massachusetts probed over abortion coverage mandate
  • CT leaders debate how to fix health care: Blunt federal cuts, up reimbursement or kill private health care?
  • When health insurance costs $2,500 per month, families make tough choices
  • In U.S. Health Insurance Market, Consolidation Of Insurers Is Increasing Premiums
  • Health insurance jargon can be frustrating and confusing – here's how to navigate it
More Health/Employee Benefits News

Life Insurance News

  • Murray Giles Hulse
  • New individual life premium hits record-setting $17.5B in 2025
  • Maryland orders Cigna to halt underpaying doctors or give cause
  • Insurers optimistic about their investments in 2026
  • AM Best Affirms Credit Ratings of PVI Insurance Corporation
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Press Releases

  • LifeSecure Insurance Company Announces Retirement of Brian Vestergaard, Additions to Executive Leadership
  • RFP #T02226
  • YourMedPlan Appoints Kevin Mercier as Executive Vice President of Business Development
  • ICMG Golf Event Raises $43,000 for Charity During Annual Industry Gathering
  • RFP #T25521
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet