Obamacare forcing 14 percent cut in Medicare's home health care program
An estimated 3.5 million poor and ill homebound senior citizens will wake up on New Year's Day to discover Obamacare has slashed funding for their home health care program.
It will happen because the Centers for Medicare and Medicaid Services quietly issued a regulation Nov. 22 announcing a 14-percent cut over the next four years in funding for the Home Health Care Prospective Payment program.
The rule cuts Medicare payments to home health care providers by 3.5 percent each year beginning in 2014, for a total cut of 14 percent.
