President Trump’s Fiscal Year 2018 Budget Released
This week the President released his full budget proposal for fiscal year 2018, which begins October 1, 2017. The President’s budget starts the budget process now Congress will develop the full budget and pass measures for the fiscal year.
The Budget will:
- Repeal and replace ACA: The budget assumes deficit savings as part of the President’s promise to repeal the ACA, which is estimated to save $250 billion.
- Reform Medicaid: The budget proposes to reform Medicaid by giving states the choice between a per capita cap and a block grant and by empowering states to innovate and prioritize Medicaid dollars to the most vulnerable populations. These reforms are projected to save $610 billion over 10 years.
- Reduce base discretionary funding to the Department of Health and Human Services by 16.2%.
- Cuts $403 million for primary care training programs including the Geriatrics Workforce Enhancement Program (GWEP) under Titles VII and VIII under the Health Resources Services Administration. This program enhances and extends geriatric education in a variety of settings.
The Society issued a press release expressing its concern about the negative impact this budget would on the post-acute and long-term care population.