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Sunday, December 31, 2017

State budget, Medicare headaches ahead in new year

The state House of Representatives will gather Thursday to fix a $53 million hole in Medicare benefits for about 90,000 elderly residents, while finding the savings elsewhere. But that is just one part of the state’s continuing budget problems, along with the revenue shortfall that has created a nearly $220-million deficit in the current state budget. Legislative leaders are continuing discussions over the larger deficit, but in the shorter term, a special legislative session that began Friday (Dec. 29) is aimed at restoring Medicare Savings Program benefits for people who had been informed by state officials that income thresholds would be sharply reduced in the new year.

from News http://www.ctpost.com/local/article/State-budget-Medicare-headaches-ahead-in-new-year-12462556.php

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