Sequester would cut $11 billion from Medicare

Sequestration would cut $11 billion from Medicare and take millions of dollars away from Affordable Care Act implementation programs.


The Obama administration released its highly anticipated report Friday on the effects of sequestration — a blunt-force budget-cutting tool that Congress created when it raised the country's debt ceiling. The sequester would make deep cuts to defense spending as well as domestic programs. Medicare payments to doctors, hospitals and other healthcare providers would take an across-the-board 2 percent cut. That would come out to roughly $11 billion, according to the administration's report. The sequester would also make significant cuts to programs created by the Affordable Care Act, which are not subject to the 2 percent cap. Grants to help states establish insurance exchanges — new marketplaces for private insurance coverage — would lose $66 million, the administration said. The law's prevention and public health fund would lose $76 million.

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