lot of misinformation floating around.
Firstly, the bill cuts $700 billion from Medicaid. And the misinformation
is that Medicaid only costs $900 billion a year, so if you cut $700 billion,
a lot of people will HAVE to lose their coverage.
But (supposedly) the $700 billion being cut is over 10 years. So it's
actually only around $70 billion being cut from $900 billion.
And the cuts are only going to be to eliminate waste and mismanagement.
For example, billions is wasted every year on double payments, for the
same people, to different States (see article by the Wall Street Journal).
https://www.wsj.com/health/healthcare/medicaid-double-payments-insurers-states-1c091b41
So THAT'S where the cuts are going to be. No one who is qualified to
receive Medicaid will see their benefits cut.
Same with Medicare. Same with Social Security. No one who is qualified
to receive those will see their benefits cut.
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