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1.23 MB
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Type:
Presentation slides / policy report
File Size:
1.23 MB
Summary
The document consists of two presentation slides (numbered 277 and 278) from a report titled 'USA Inc. | What Might a Turnaround Expert Consider?' produced by KPCB. The slides analyze options for restructuring Medicare and Medicaid, discussing the 'draconian' math of reducing benefits by 53% or raising tax rates from 2.9% to 6.8%. The document bears a Bates stamp 'HOUSE_OVERSIGHT_020980', indicating it was part of a document production for a House Oversight Committee investigation.
Organizations (6)
Locations (1)
| Location | Context |
|---|---|
Key Quotes (4)
"However you look at it, this math is draconian."Source
HOUSE_OVERSIGHT_020980.jpg
Quote #1
"A 53% cut in Medicare benefits and / or more than doubling taxes are unrealistic."Source
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Quote #2
"The situation for Medicaid is even worse, as Medicaid has no dedicated funding source."Source
HOUSE_OVERSIGHT_020980.jpg
Quote #3
"Isolate and address the drivers of rising healthcare costs"Source
HOUSE_OVERSIGHT_020980.jpg
Quote #4
Full Extracted Text
Complete text extracted from the document (906 characters)
Restructure Medicare & Medicaid: Combination of Reducing Benefits
(Including Covered Lives) & / or Raising Taxes
(Including Covered Lives) & / or Raising Taxes
Consider:
1) Reduce Medicare benefits by 53%? and/or
2) Increase Medicare tax rate from 2.9% to 6.8%? and/or
3) Some combination of all / some the above
However you look at it, this math is draconian. A 53% cut in
Medicare benefits and / or more than doubling taxes are unrealistic.
The situation for Medicaid is even worse, as Medicaid has no
dedicated funding source.
Medicare benefits and / or more than doubling taxes are unrealistic.
The situation for Medicaid is even worse, as Medicaid has no
dedicated funding source.
Neither Medicare nor Medicaid has yet fully faced up to the crisis and
reform that Social Security experienced in the early 1980s.
reform that Social Security experienced in the early 1980s.
KP
CB www.kpcb.com
USA Inc. | What Might a Turnaround Expert Consider? 277
CB www.kpcb.com
USA Inc. | What Might a Turnaround Expert Consider? 277
Restructure Medicare & Medicaid: Policy Option #2
Isolate and address the drivers
of rising healthcare costs
of rising healthcare costs
KP
CB www.kpcb.com
USA Inc. | What Might a Turnaround Expert Consider? 278
CB www.kpcb.com
USA Inc. | What Might a Turnaround Expert Consider? 278
HOUSE_OVERSIGHT_020980
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