Project 2025 and Medicare
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To the editor:
Project 2025 will eliminate the Medicare Shared Savings Program. This program helps to lower the cost of Medicare, and getting rid of it will likely mean that Medicare will cost more.
It will repeal the Inflation Reduction Act. This law lowers the cost of prescription drugs for people on Medicare, and getting rid of it will likely mean that prescription drugs will cost more.
It will reduce the government share in the catastrophic tier of Medicare Part D. This means that people on Medicare will have to pay more for their prescription drugs.
It will repeal the drug price negotiation program in Medicare. This program lowers the cost of prescription drugs, and getting rid of it will likely mean that prescription drugs will cost more.
It will restructure 340B drug subsidies toward beneficiaries rather than hospitals. This program helps hospitals provide lower-cost drugs to low-income patients, and changing it could mean that those patients will have to pay more for their medications.
It will push more of the 33 million people enrolled in Original Medicare towards Medicare Advantage by making it the “default enrollment option”. Medicare Advantage plans can require prior authorizations, making it harder for patients to access care, and they can restrict enrollees’ choices of physicians and hospitals.
This is all on page 465 of Project 2025 handbook.
Penny Hymbaugh
Mount Ayr