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$800M cut proposed for Centers for Medicare & Medicaid Innovation

Proposed rescission of budget authority https://www.whitehouse.gov/wp-content/uploads/2018/05/POTUS-Rescission-Transmittal-Package-5.8.2018.pdf

The White House is requesting cuts of about $7 billion to the Children’s Health Insurance Program as part of $15.4 billion budget cut using a rare maneuver known as rescission.

The package also includes an $800 million cut to the Centers for Medicare & Medicaid Innovation (CMMI), a policy incubator that the Centers for Medicare & Medicaid Services uses to test innovative payment approaches.

According to the rescission request sent to Congress on May 8, the CHIP cut is comprised of more than $5.1 billion “in amounts made available by the Medicare Access and CHIP Reauthorization Act of 2015 to supplement the 2017 national allotments to states, including $3.1 billion in unobligated balances available on Oct. 1, 2017, and $2 billion in recoveries as of May 7, 2018.”

A broad coalition of physicians’ organizations and other advocates protested the proposed cuts in a May 9 letter to Congress.

Read the article.

Citation:

Proposed rescission of budget authority https://www.whitehouse.gov/wp-content/uploads/2018/05/POTUS-Rescission-T...

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$800M cut proposed for Centers for Medicare & Medicaid Innovation, Proposed rescission of budget authority https://www.whitehouse.gov/wp-content/uploads/2018/05/POTUS-Rescission-Transmittal-Package-5.8.2018.pdf

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