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Next on Musks list could be Medicaid, which has Americans on edge.
Thats the, sort of half-trillion, maybe $6-$700 billion a year.
Next, find outwhat experts say about whether Musk can change Medicare.
Are Funding Cuts Likely?
Musk isnt the only threat to Medicaid.
With that in mind, here are three things to watch for as Musk and DOGE take on Medicaid.
It is typically the largest expenditure in state budgets.
She explained, If federal Medicaid funding decreases, states will struggle to balance the scale of coverage.
To avoid cutting enrollees, they would have to reduce covered services.
To avoid cutting services, they would have to reduce enrollees via stricter eligibility requirements.
Medicaid is typically the largest expenditure in state budgets.
Without critical federal funding, something will have to give, she said.
States may look at cuts to sectors such as education or transportation to preserve healthcare funding.
Medicaid covers around 60% of nursing home residents, Haeg said.
She added, This could mean morefamily caregivers stepping into the picture.
Republican House Speaker Mike Johnson toldCNNsKaitlin Collins that Republicans are not going to cut Medicaid benefits.
Were going to take care of those who are rightful beneficiaries of the program, Johnson said.
Back then, there was no talk about combating fraud or waste or abuse.
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