Dear American colleagues
Apologies if you are already very tired of the phrase 'fiscal cliff', but... If the fiscal cliff negotiations were to result in entitlement cuts for Medicare and Medicaid, what would this actually mean in practice - i.e. what form do you think cuts would be most likely to take?
Would the emphasis be directly on money - changing how much goes into Medicare and Medicaid and/or where the money comes from; or would it be on changing the criteria for individuals' entitlement to services; or would the emphasis be on something else?
Aside from what is most likely, do you have any thoughts on what would be the least damaging way of instituting fiscal-cliff-prompted entitlement cuts in Medicare and Medicaid, should cuts be an outcome?
Best wishes,
Tom
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