Annual Medicare spending is expected to double over the next 10 years, while Medicaid, which provides coverage to more than 4.6 million low-income seniors, will also see greater demand for care. In the latest episode of New Directions in Health Care: The Commonwealth Fund Podcast, producer Sandy Hausman talks with the Commonwealth Fund’s Shawn Bishop and Eric Schneider, M.D., about the new tax law’s potential effect on these already inadequately funded public insurance programs. The tax cuts are expected to add about $1.5 trillion to the federal deficit.
