Ladies and gentlemen, coming. Our topic today is medicare, the largest care player in the american, a huge growing federal entitlement. And a little more than ten years, medicare will increase in enrollment from 65 million to nearly 80 million enrollees and total Program Spending will double today, roughly. Its 1 trillion. And within ten years it will be nearly 2 trillion. At the same time, medicare is changing. Today, half of all seniors are enrolled in Medicare Advantage or a system of private coverage, which is the alternative to traditional medicare. And Medicare Advantage is a defined contribution. And what that means is, is that the government makes a contribution on behalf of a beneficiary to the beneficiary chosen plan. Given current trends, Medicare Advantage will soon be the dominant form of medicare. The question before the house and before the nation is a very, very big one. That is, how do we provide high quality medical care to a huge and, rapidly growing older population
Largest care player in the american, a huge growing federal entitlement. And a little more than ten years, medicare will increase in enrollment from 65 million to nearly 80 million enrollees and total Program Spending will double today, roughly. Its 1 trillion. And within ten years it will be nearly 2 trillion. At the same time, medicare is changing. Today, half of all seniors are enrolled in Medicare Advantage or a system of private coverage, which is the alternative to traditional medicare. And Medicare Advantage is a defined contribution. And what that means is, is that the government makes a contribution on behalf of a beneficiary to the beneficiary chosen plan. Given current trends, Medicare Advantage will soon be the dominant form of medicare. The question before the house and before the nation is a very, very big one. That is, how do we provide high quality medical care to a huge and, rapidly growing older population, often at a cost that is affordable not only to seniors, but a
It is the last fiscal year 2023 and without an agreement government shuts down tonight. Federal workers will stop getting a paycheck. The house comes in at 10 00 a. M. Right after this program the senate, at noon. We are taking your calls on the possible Government Shutdown that is hours away. Democrats, 202 7488000. Republicans, 202 7488001. And independents, 202 7488002. We have a line set asi for federal employees, 202 7488003. You can also use that line to text us. We are on social media on facebook and x. Welcome to washington journal. I want to start with this article from capitol hill. Speaker Kevin Mccarthy on friday evening floated passing a clean continuing resolution without ukraine aid, marking a clear shift in the possibility he is willing to consider ending a shut down after being repeatedly undercut by his own party. The speaker did not commit putting a measure on the floor, and other republican said lawmakers are still exploring gop only possibilities to bring up a vote
Uninsured. You know where they go. They go to the emergency room. Who pays . The taxpayers wind up paying. Every time. I yield back the balance of my time. Thank you very much. The gentleman from texas, dr. Michael burgess. Thank you, mr. Chairman i. Want to thank our witnesses for being here. Ive been promised time by mr. Woodall to speak on the floor on this tomorrow. I wont go through the entire things that i had. I do remember a time up here in march of 2010 when the senate bill was brought to the rules committee for us to vote on on the floor the next day. And i did come to the rules committee with 18 what i thought were very valid suggestions for improvement in the Affordable Care act. Every one was methodically turned down by a 94 vote by the rules committee when the democrats were in control of this committee. I also remember a hearing that was held in september of 2008. It was the same day that Lehman Brothers filed for bankruptcy. So it was one of those days that gets etched
In getting it to the president s desk. I yield back the balance of my time. Thank you very much. I do not see mr. Polis here. The gentleman from ohio is recognized. Thank you, mr. Chairman. Dr. Price, thank you for being here. Thanks for your care for a lot of patients, thousands of patients over your time practicing medicine. Thanks to the gentleman from kentucky for being here. I appreciate you both giving us your time today and your opinions. I was really struck by something you said earlier, dr. Price, about the difference between Health Coverage and healthcare. We have told millions of americans that they have coverage, but theyre not getting care. And they cant afford care. And when they get care, they are being chased something i dont remember you saying, being chased by bill collectors the rest of their life because of high deductibles they didnt have. We have confused coverage with care. Just because you have a piece of paper or a card that says you have insurance doesnt mean