Proposed cut to Medicare to be decided Monday - KWWL - Eastern Iowa Breaking News, Weather, Closings

Proposed cut to Medicare to be decided Monday

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WATERLOO (KWWL) - More than 80,000 Iowans could learn of a change to their Medicare coverage, as the Centers for Medicare and Medicaid Services will decide on a two-percent cut to the Medicare Advantage program Monday.

According to the Cedar Rapids Gazette, roughly 34,000 seniors in eastern Iowa are currently enrolled in Medicare Advantage.

The cut is part of President Barack Obama's Affordable Care Act, in the effort to lower healthcare spending. It's created a debate, however, in Iowa that has reached the political arena.

Iowa Republican Sen. Chuck Grassley is protesting the two-percent cut. The Gazette reports Sen. Grassley and other Republicans wrote a letter to President Obama, stating the cut would force seniors to lose access to benefits they've become used to.

Some, though, are in favor of the change. Iowa Democratic Sen. Tom Harkin says Medicare Advantage is more expensive than regular Medicare, and the cut will save about $200 million.

Some Washington analysts suspect the reduction rate may decrease slightly, but still expect to see some sort of cut. The Centers for Medicare and Medicaid Services plans to announce sometime Monday if the two-percent cut will be approved. Any changes will go into effect next year.
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