Whether it be through reductions to defense or governmental staffing, tomorrow marks the day that the sequester cuts go into effect. It is yet again an issue that has Americans – and especially retirees – quite anxious. Sources say that Medicare won’t be directly affected, however, the trickle-down affect may cause rumbles to the system. According to an article published by U.S. News, there are three key areas that are cause for health care concern: 1. Hospitals: Decreases in Medicare reimbursement for hospitals and skilled nursing facilities are set to total nearly $4.5 billion, or about $1.3 million for the
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