A week ago, millions of Americans voted — not just for the president, but for several federal, state and local representatives. Although seniors typically comprise the large majority of active voters (according to this Gallup poll, 85% of voters 65 and older were slated as “definitely likely to vote”), issues of importance to seniors were not necessarily high on the candidates’ priority lists.
Now that the campaign season of big talk and lofty promises is over, writer Judith Graham tells us what we can expect about the fate and future of Medicare. In this post for the Association of Health Care Journalists’ blog, she says, “Four words sum up the short-term outlook: cost cutting and restructuring.” She does not believe a “radical overhaul” of the program, as proposed by Republicans, is likely. Instead, she foresees a more complex task: “restructuring the program and realigning its incentives to create a lower-cost, higher quality, more sustainable health care system.” (Read Graham’s full article, Panelists: Watch state activities for stories about seniors’ health services, for further analysis here.)
What happens to Medicare will likely have an impact on seniors currently receiving services at home or in a care community setting, and it will certainly change future options. How can we as caregivers be prepared? By being proactive and making a “plan B.” Start here with our Elder Care Planning Resource Guide.