Foundations
News releases, reports, statements and associated documents from U.S. foundations.
Featured Stories
The NKF Joins Forces With Powerhouse Hispanic Celebrities and Influencers to Promote Kidney Health Awareness
NEW YORK, May 9 -- The National Kidney Foundation issued the following news release:
The National Kidney Foundation (NKF) is rolling out several informative celebrity Public Service Announcements (PSAs) that aim to address the alarming statistics that one in three Latino adults are at risk of developing kidney disease. The videos emphasize the importance of early detection and prevention and also encourage viewers to learn more about living kidney donation at kidney.org/transplantation.
Health disparities continue to plague historically underserved populations and impact the kidney patient's
... Show Full Article
NEW YORK, May 9 -- The National Kidney Foundation issued the following news release:
The National Kidney Foundation (NKF) is rolling out several informative celebrity Public Service Announcements (PSAs) that aim to address the alarming statistics that one in three Latino adults are at risk of developing kidney disease. The videos emphasize the importance of early detection and prevention and also encourage viewers to learn more about living kidney donation at kidney.org/transplantation.
Health disparities continue to plague historically underserved populations and impact the kidney patient'sjourney. KIDNEY EQUITY FOR ALL(TM) is a patient-focused, community-minded movement dedicated to ensuring ALL kidney patients have access to high-quality, patient-centered kidney care from the moment of diagnosis to transplantation.
Kidney Risk Quiz: NKF's Kidney Risk Quiz at MinuteForYourKidneys.org has empowered over 400,000 Hispanic and Black/African American individuals to understand their risk of kidney disease, with over 700,000 people of diverse backgrounds participating. By taking a few minutes to complete the quiz, individuals can safeguard their kidney health and potentially save their lives.
Through this collaboration with the NKF, powerhouse Latino leaders are empowering communities by lending their voices and influence in PSA videos promoting kidney equity and health. Together, these international figures amplify the foundation's message of kidney health awareness, which in turn is disseminated across various media platforms, reaching millions of viewers and inspiring action towards healthier lifestyles.
Among the esteemed collaborators are:
* Raul "El Gordo" de Molina: Beloved co-host of Univision's entertainment news show "El Gordo y la Flaca." With multiple Emmy Awards to his name, de Molina's charismatic presence and extensive experience in television make him a household name among Hispanic audiences.
* Maria Marin: Prominent motivator, businesswoman, and author, celebrated as one of the most influential women in the Hispanic community. Over the past two decades, she has earned a reputation as the leading Hispanic motivator, inspiring audiences with her passion, joy, and perseverance.
* Carolina Sandoval: Venezuelan influencer and businesswoman who has worked as a television presenter, journalist, TV announcer, and actress.
* Dr. Daniel Campos: Originally from Cuba, he embodies the "American Dream", dedicating his career to healthcare and aesthetics in Florida. A respected figure in Miami's medical and aesthetic community, Dr. Campos is also an author and entrepreneur, having penned books on anti-aging and beauty, and founding "Ageless Forever by Dr. Daniel Campos," offering a range of medical-grade skincare products.
* Lourdes Stephen: Co-anchor of the acclaimed news magazine Telemundo's "Al Rojo Vivo." Stephen brings her extensive experience and journalistic integrity to the forefront, emphasizing the importance of authentic storytelling and professionalism.
* Stephanie Himonidis (Chiquibaby): Anchor of Univision's iSientese quien pueda!, Himonidis is a powerhouse in the entertainment industry.
* Eliecer Marte: Award-winning journalist and news reporter for WPIX11.
* Carolina Mestrovic: Chilean singer, actress and television presenter.
- "We are honored to partner with these respected celebrities and influencers to promote kidney health awareness in the Hispanic community," said NKF President Dr. Sylvia Rosas. "Their support is instrumental in reaching diverse communities, raising awareness, and fostering meaningful conversations about the importance of kidney disease prevention and early detection."
* * *
About Kidney Disease
In the United States, more than 37 million adults are estimated to have kidney disease, also known as chronic kidney disease (CKD)--and approximately 90 percent don't know they have it. About 1 in 3 adults in the U.S. are at risk for kidney disease. Risk factors for kidney disease include: diabetes, high blood pressure, heart disease, obesity, and family history. People of Black or African American, Hispanic or Latino, American Indian or Alaska Native, Asian American, or Native Hawaiian or Other Pacific Islander descent are at increased risk for developing the disease. Black or African American people are about four times as likely as White people to have kidney failure. Hispanics experience kidney failure at about double the rate of White people.
* * *
About KIDNEY EQUITY FOR ALL(TM)
Historically, access to kidney health has remained inequitable, with persistent disparities disproportionately affecting underserved populations and impacting the entire kidney patient journey. To address these disparities, NKF is urging industry and community leaders to join them on their KIDNEY EQUITY FOR ALL(TM) mission by allocating resources to improve healthcare access and outcomes in communities of color. This is a tangible opportunity for businesses to incorporate Environmental, Social and Governance (ESG) principles into their operations.
* * *
About the National Kidney Foundation
The National Kidney Foundation is revolutionizing the fight to save lives by eliminating preventable kidney disease, accelerating innovation for the dignity of the patient experience, and dismantling structural inequities in kidney care, dialysis, and transplantation.
* * *
Original text here: https://www.kidney.org/news/nkf-joins-forces-powerhouse-hispanic-celebrities-and-influencers-to-promote-kidney-health
The NKF Applauds Groundbreaking CMS Policy to Increase Kidney Transplantation
NEW YORK, May 9 -- The National Kidney Foundation issued the following statement on May 8, 2024:
* * *
The following is a statement from Kevin Longino, Chief Executive Officer of the National Kidney Foundation and a kidney transplant recipient, on the Centers for Medicare and Medicaid Services (CMS) proposed Increasing Organ Transplant Access alternative payment model.
The National Kidney Foundation (NKF) commends CMS and its Innovation Center for their proposed Increasing Organ Transplant Access alternative payment model (IOTA model). This proposal has the potential to significantly enhance
... Show Full Article
NEW YORK, May 9 -- The National Kidney Foundation issued the following statement on May 8, 2024:
* * *
The following is a statement from Kevin Longino, Chief Executive Officer of the National Kidney Foundation and a kidney transplant recipient, on the Centers for Medicare and Medicaid Services (CMS) proposed Increasing Organ Transplant Access alternative payment model.
The National Kidney Foundation (NKF) commends CMS and its Innovation Center for their proposed Increasing Organ Transplant Access alternative payment model (IOTA model). This proposal has the potential to significantly enhancethe likelihood of a kidney transplant for the nearly 90,000 individuals on the national kidney transplant waitlist and instill hope in the more than 500,000 people currently dependent on dialysis to live.
While we are still reviewing many elements of the proposal, the NKF strongly supports its objective of improving overall rates of transplantation. Currently, approximately 20-25% of deceased donor kidneys recovered for transplant are not transplanted, which is a disservice to those who donate their kidneys, their families, and the countless kidney patients who must remain on dialysis to live. Therefore, it is fundamentally necessary to reform the transplant ecosystem to one that honors organ donors and their selfless, life-saving gifts. The IOTA model will also uphold the responsibility of organ procurement and transplant professionals to deliver high-quality care resulting in better health outcomes that close disparities in access to the life-saving treatment of kidney transplantation that every kidney patient deserves.
The NKF appreciates the proposal's efforts to enhance transparency in the transplant process. The requirement for transplant centers to disclose their transplant eligibility criteria, the number of organs declined on behalf of patients, and the reasons why they were declined is a significant step forward. This move addresses a long-standing need for patients to have a clearer understanding of the transplant process.
Further, the NKF applauds the CMS Innovation Center for prioritizing living donation into the IOTA model, knowing there is a limited quantity of deceased donor kidneys available for transplant. The NKF also hopes to see improved system accountability and a decline in organ waste with the implementation of the IOTA model. This proposal by the CMS Innovation Center, in tandem with the Health Resources and Services Administrative's endeavor to modernize the Organ Procurement and Transplantation Network (OPTN), is a vital action to best serve patients who depend on the United States transplant system to live.
* * *
About the National Kidney Foundation
The National Kidney Foundation is revolutionizing the fight to save lives by eliminating preventable kidney disease, accelerating innovation for the dignity of the patient experience, and dismantling structural inequities in kidney care, dialysis, and transplantation.
* * *
Original text here: https://www.kidney.org/news/nkf-applauds-groundbreaking-cms-policy-to-increase-kidney-transplantation
National Right to Work Legal Defense Foundation: Service Employees at Brown Motors in Petoskey, MI, Petition for Vote to Stop Paying Union Forced Fees
PETOSKEY, Michigan, May 9 -- The National Right to Work Legal Defense Foundation issued the following news release:
Mechanics, parts department workers, and other auto service-related employees at Brown Motors, a Ford, Chrysler, Dodge, and Jeep dealer, are seeking a vote to end Teamsters union officials' ability to demand payment of dues or fees as a condition of employment. Joseph Illes, a mechanic at Brown Motors, submitted a "deauthorization petition" to the National Labor Relations Board (NLRB) with free legal aid from the National Right to Work Foundation.
The NLRB is the federal agency
... Show Full Article
PETOSKEY, Michigan, May 9 -- The National Right to Work Legal Defense Foundation issued the following news release:
Mechanics, parts department workers, and other auto service-related employees at Brown Motors, a Ford, Chrysler, Dodge, and Jeep dealer, are seeking a vote to end Teamsters union officials' ability to demand payment of dues or fees as a condition of employment. Joseph Illes, a mechanic at Brown Motors, submitted a "deauthorization petition" to the National Labor Relations Board (NLRB) with free legal aid from the National Right to Work Foundation.
The NLRB is the federal agencyresponsible for administering and enforcing federal labor law. Under NLRB rules, upon receiving a petition from employees, the agency will hold a vote at a workplace on whether to remove the contract provision allowing a union to require dues or fees as a condition of employment.
According to the deauthorization petition, the requested election is sought for all "regular full and part-time parts department employees, mechanics, lubemen, porters and wash rack employees" at Brown Motors.
MI Legislators' Repeal of Right to Work Continues to Receive Backlash from Workers
Michigan legislators' party-line repeal of Michigan's popular Right to Work law became effective in February. This change permits union officials to and enforce requirements that force workers to pay dues or fees to the union. In a non-Right to Work state, employees' only options to prevent their money from going toward a union agenda they oppose is to petition for a deauthorization vote (as Illes and his coworkers have), or to kick the union out of their workplace completely through a decertification vote, which involves a similar process to deauthorization.
Michigan's Right to Work law, which took effect in 2013, made union dues payment strictly voluntary for all Michigan workers. Those employees who wished to support the union at their workplace were free to join and pay union dues. Employees who chose to not join the union were not required to pay the union anything to keep their jobs.
The Michigan Legislature voted to repeal the Right to Work Law in March 2023, and Gov. Gretchen Whitmer signed it that same month, despite polling (https://www.surveyusa.com/client/PollReport.aspx?g=b64da14f-14e7-422d-b8c4-e7dd26a8cdbc) showing that 70% of Michigan voters wanted the law to remain in place.
Since the repeal, Foundation staff attorneys have aided several Great Lakes State workers who are seeking freedom from union dues demands, including security guard James Reamsma and his coworkers who are posted at government buildings across Western Michigan. Reamsma and his colleagues also petitioned for a "deauthorization vote" to stop forced-dues demands from United Government Security Officers of America (UGSOA) union officials, with Reamsma expressing that in the wake of the Right to Work repeal "UGSOA union officials have threatened to have everyone who does not join the union fired."
Foundation attorneys also represent Roger Cornett, a Detroit-area Kroger employee who faced post-repeal threats from his employer that he would be terminated if he did not join the United Food and Commercial Workers (UFCW) union at the store and fund the union's Political Action Committee (PAC). Both demands are forbidden by federal law, even in a non-Right to Work environment.
"Mr. Illes and his coworkers at Brown Motors in Petoskey are just the latest example that Michigan's Right to Work repeal does real harm to the freedom of workers across the state," commented National Right to Work Foundation President Mark Mix. "Workers shouldn't have to slog through the NLRB's deauthorization process simply to stop paying fees to a union they don't support."
* * *
The National Right to Work Legal Defense Foundation is a nonprofit, charitable organization providing free legal aid to employees whose human or civil rights have been violated by compulsory unionism abuses. The Foundation, which can be contacted toll-free at 1-800-336-3600, assists thousands of employees in about 200 cases nationwide per year.
* * *
Original text here: https://www.nrtw.org/news/brown-motors-teamsters-deauth-05072024/
National Right to Work Legal Defense Foundation: Majority of Employees at Emporia Rehabilitation and Healthcare Seek to Remove SEIU Union
EMPORIA, Virginia, May 9 -- The National Right to Work Legal Defense Foundation issued the following news release:
A majority of employees at Emporia Rehabilitation and Healthcare Center in Emporia, Virginia, have petitioned the National Labor Relations Board (NLRB) for a secret ballot vote to remove the Workers United Mid Atlantic Regional Joint Board union from their workplace. A decertification election has been scheduled for Thursday, May 16. Emporia employee Christy Smith filed the petition requesting the vote with free legal aid from the National Right to Work Legal Defense Foundation.
Smith
... Show Full Article
EMPORIA, Virginia, May 9 -- The National Right to Work Legal Defense Foundation issued the following news release:
A majority of employees at Emporia Rehabilitation and Healthcare Center in Emporia, Virginia, have petitioned the National Labor Relations Board (NLRB) for a secret ballot vote to remove the Workers United Mid Atlantic Regional Joint Board union from their workplace. A decertification election has been scheduled for Thursday, May 16. Emporia employee Christy Smith filed the petition requesting the vote with free legal aid from the National Right to Work Legal Defense Foundation.
Smithfiled the union decertification petition on April 18 with the NLRB, the federal agency responsible for enforcing federal labor law, which includes administering elections to install (or "certify") and remove (or "decertify") unions. Smith's petition contained support from over half of her 60 coworkers, well more than required to trigger a decertification vote under NLRB rules. SEIU affiliate, "Workers United" [sic] Mid Atlantic Regional Joint Board union officials have maintained monopoly bargaining power at Smith's workplace for over a decade.
Virginia is a Right to Work state, which means that union financial support is strictly voluntary for employees. In contrast, in states that do not have Right to Work laws, union officials can require employees to pay union dues or fees under threat of termination. However, in both Right to Work and non-Right to Work states, union officials are empowered by federal law to impose a union contract on all employees in the work unit, including those who oppose the union.
A successful decertification vote strips union officials of such monopoly bargaining powers. Nursing staff, Dietary staff, and Housekeeping staff, comprising of the 61 employees at the facility, are eligible to vote in this NLRB-supervised election.
"This majority-backed decertification petition at Emporia Rehabilitation and Healthcare is yet another example of the growing interest among workers in unionized workplaces to reconsider union affiliation," said Foundation President Mark Mix. "The National Right to Work Legal Defense Foundation stands ready to provide free legal aid to workers seeking to exercise their right to remove an unwanted union from their workplace and to defend workers against any attempts by union officials to undermine or block workers from freeing themselves from unwanted so-called union 'representation.'"
* * *
The National Right to Work Legal Defense Foundation is a nonprofit, charitable organization providing free legal aid to employees whose human or civil rights have been violated by compulsory unionism abuses. The Foundation, which can be contacted toll-free at 1-800-336-3600, assists thousands of employees in about 200 cases nationwide per year.
* * *
Original text here: https://www.nrtw.org/news/workers-seek-to-remove-seiu-union-05082024/
Ga. Public Policy Foundation CEO Wingfield Issues Commentary: A Day of Reckoning for Higher Education?
ATLANTA, Georgia, May 9 -- The Georgia Public Policy Foundation issued the following commentary on May 8, 2024:
* * *
A Day of Reckoning for Higher Education?
By Kyle Wingfield, President and CEO
People have long predicted a day of reckoning for American higher education, without success. So, far be it from me to believe I've finally divined it.
But as I watched the anti-Israel protests on multiple college campuses - and reactions to those protests - it sure feels like change is in the air.
Out: complaints about overly posh student amenities or bloated administrative headcount.
In: revulsion
... Show Full Article
ATLANTA, Georgia, May 9 -- The Georgia Public Policy Foundation issued the following commentary on May 8, 2024:
* * *
A Day of Reckoning for Higher Education?
By Kyle Wingfield, President and CEO
People have long predicted a day of reckoning for American higher education, without success. So, far be it from me to believe I've finally divined it.
But as I watched the anti-Israel protests on multiple college campuses - and reactions to those protests - it sure feels like change is in the air.
Out: complaints about overly posh student amenities or bloated administrative headcount.
In: revulsionat seeing some of today's "best and brightest" support what the U.S. State Department deems an official Foreign Terrorist Organization (https://www.state.gov/foreign-terrorist-organizations/).
Various reported comments from protesters indicate they are motivated in part by a desire to be connected with a protest legacy rooted in the 1960s. Consider this quote from a recent Associated Press article: (https://apnews.com/article/campus-protests-vietnam-history-ff421ce1bee8d85b0a11aa55fb088d6b)
"'They always talked about the '68 protest as sort of a North Star,' (Hannah) Sattler, 27, a graduate student of international human rights policy at Columbia University, said of the campus organizers there.
"'Even the choice to take over Hamilton Hall was always the plan from the start of the encampment,' she says. 'Not only because it just made a lot of sense logistically, but it also has that ... strong historical connection with the 60s protests.'"
That 1968 protest at Columbia, like many others at that time, was largely motivated by the U.S. war in Vietnam. The difference between then and the situation now is instructive.
Back then, students protested their fellow Americans being sent to fight and die halfway around the world. Today, some of the loudest rhetoric aligns protesters with Hamas, a terrorist organization that for seven months has held American civilians hostage halfway around the world.
According to credible reports, Hamas has rejected offers for the cease-fire their sympathizers in the United States call for. In exchange for this cease-fire, Hamas would merely have to release some, not all, of the hostages they hold. This, of course, assumes these hostages are still alive.
It was Karl Marx who observed that history repeats itself "the first time as tragedy, the second time as farce." The moral inversion of today's protesters -- who are siding against Americans abroad rather than with them -- certainly counts as farce. Perhaps that's fitting, given that Marx created the oppressor-oppressed lens through which today's campus dissidents insist on viewing the entire world, including the Hamas-Israel conflict.
Opinion polling on these latest protests, including the illicit encampments that police have had to break up on campuses closer to home such as the University of Georgia and Emory University, is still scant. But a YouGov poll released this past Thursday suggests the protesters aren't winning people to their side.
In that poll, nearly half of American adults said they strongly or somewhat opposed the protests, compared to roughly a quarter who supported them. The question lumped all protests together as one; I suspect a specific question about the most violent or illegal ones would draw even more stark disapproval.
By a full 2-to-1 margin, the same poll respondents said colleges' responses to the students have been not harsh enough (33%), rather than too harsh (16%). Another 20% said they were about right. And here is where I wonder if this episode may turn public opinion regarding America's colleges.
Campus radicalism not only grew following the 1960s -- it became institutionalized. This is common knowledge. What was not common knowledge, until recently, was how perversely and ferociously this radicalism could manifest itself beyond niche courses and departments. The new Marxism driving these twisted priorities - favoring the terrorists taking our countrymen hostage, not to mention seeking to wipe an ally of ours off the face of the Earth - sprung directly from the new campus radicals.
Now, many regular Americans are paying tens of thousands of dollars per year to send their children to these same campuses, only to watch as they are either obstructed from attending class or, worse, are radicalized themselves.
Mountains of student debt - and the taxpayer-funded forgiveness of said debt - did not produce sufficient will to reform today's radical campuses. But their moral inversion just might do it.
* * *
Original text here: https://www.georgiapolicy.org/news/a-day-of-reckoning-for-higher-education/
Chesapeake Bay Foundation: EPA Administrator Recommits Agency to Leading Federal Partners Into Next Phase of Chesapeake Bay Cleanup
ANNAPOLIS, Maryland, May 9 -- The Chesapeake Bay Foundation issued the following news release on May 8, 2024:
As the partnership to clean up the Chesapeake Bay nears its 2025 deadline, EPA Administrator Michael Regan today renewed the agency's commitment to leading the many federal agencies working together to restore the Bay into the next chapter of cleanup effort.
Regan spoke in response to a question from Sen. Ben Cardin (D-Md.) at today's Senate Environment and Public Works Committee hearing on EPA's fiscal year 2025 budget request.
Cardin asked if Regan and EPA would commit to reinstating
... Show Full Article
ANNAPOLIS, Maryland, May 9 -- The Chesapeake Bay Foundation issued the following news release on May 8, 2024:
As the partnership to clean up the Chesapeake Bay nears its 2025 deadline, EPA Administrator Michael Regan today renewed the agency's commitment to leading the many federal agencies working together to restore the Bay into the next chapter of cleanup effort.
Regan spoke in response to a question from Sen. Ben Cardin (D-Md.) at today's Senate Environment and Public Works Committee hearing on EPA's fiscal year 2025 budget request.
Cardin asked if Regan and EPA would commit to reinstatingthe EPA-led Federal Leadership Committee, which was created in 2009 under a Chesapeake Bay restoration executive order signed by President Obama. The Committee developed and coordinated the work of the departments of Agriculture, Commerce, Defense, Homeland Security, Interior, and Transportation under what became the 2014 Chesapeake Bay Watershed Agreement (https://www.cbf.org/how-we-save-the-bay/chesapeake-clean-water-blueprint/2014-chesapeake-watershed-agreement/index.html).
Regan said EPA would "absolutely" reconstitute the committee "for a fall meeting." Regan added, "We see it as a huge opportunity to get all the executives around the table and be sure that we're pursuing those goals that you and others would like us to pursue."
Since 2010, the federal government, the six Bay states, and the District of Columbia have been working to meet the Chesapeake Clean Water Blueprint's 2025 deadline for adopting the policies and practices to reduce nitrogen, phosphorus, and sediment pollution to the Bay and its waterways. Despite significant water quality improvements, the partners are unlikely to meet most of these goals by 2025.
EPA administers the federal Chesapeake Bay Program, which coordinates the cleanup effort. The Bay Program also provides grant funding for restoration and research activities among a wide range of federal, state, and local government agencies, academic institutions, and nonprofit organizations across the Bay's six-state watershed.
EPA's fiscal 2025 budget calls for Congress to continue funding the Bay Program at $92 million annually.
Chesapeake Bay Foundation (CBF) President and CEO Hilary Harp Falk issued the following statement:
"CBF thanks Administrator Regan for his commitment to reviving the Federal Leadership Committee. Fifteen years ago this month, the panel first charted the course for coordinating among the federal Bay cleanup partners. It can again play an indispensable role guiding the federal partners into the next chapter of restoration.
"The Chesapeake Bay restoration effort has reached a crossroads. Determining where we go from here will require bold leadership and expertise from across the federal government. The task is bigger than tackling water quality issues. We must also reimagine how we care for the Bay's plants and wildlife, address toxic contaminants, fight climate change, and ensure clean water and benefits for all of the 18 million people in the Chesapeake Bay watershed."
* * *
Original text here: https://www.cbf.org/news-media/newsroom/2024/federal/epa-administrator-recommits-agency-to-leading-federal-partners-into-next-phase-of-chesapeake-bay-cleanup.html
Arnold Ventures: Meaningful Reforms Need to Be Enacted Sooner Rather Than Later to Protect Medicare Program
WASHINGTON, May 9 (TNSres) -- Arnold Ventures (formerly the Laura and John Arnold Foundation) issued the following statement on May 7, 2024, by Mark E. Miller, executive vice president of health care:
* * *
"The release of the 2024 Medicare Trustees Report brings some good news, but the fact remains clear: substantial reforms are necessary to strengthen and protect the program, which is relied on by more than 65 million seniors and people with disabilities.
"The report projects the Hospital Insurance (HI) Trust Fund will be insolvent in 2036, five years later than projected last year. This later
... Show Full Article
WASHINGTON, May 9 (TNSres) -- Arnold Ventures (formerly the Laura and John Arnold Foundation) issued the following statement on May 7, 2024, by Mark E. Miller, executive vice president of health care:
* * *
"The release of the 2024 Medicare Trustees Report brings some good news, but the fact remains clear: substantial reforms are necessary to strengthen and protect the program, which is relied on by more than 65 million seniors and people with disabilities.
"The report projects the Hospital Insurance (HI) Trust Fund will be insolvent in 2036, five years later than projected last year. This laterdate is mostly due to projected increases in the number of workers and average wages - not because of any structural changes to strengthen solvency.
"Spending for services paid for by the HI Trust Fund will start exceeding revenue after 2029, and once the HI trust fund is depleted in 2036, Medicare would only be able to pay hospitals 89 cents on the dollar. It would take a roughly 3% increase in revenue or an 8% decrease in spending to avoid a shortfall.
"Overall, the Medicare program continues to face significant fiscal challenges. Spending across all parts of the Medicare program is expected to grow - largely driven by rising per-capita spending - rather than beneficiary enrollment growth. Over the next 10 years, spending will grow annually by 6.7% in Part A, 8.2% in Part B, and 6.4% in Part D, far outpacing GDP growth of 4.2% over the same period. Part B and D are deficit-financed, and this growth places an increasingly large burden on taxpayers and people on Medicare who will pay higher premiums, prompting the Trustee's to issue a formal Medicare funding warning for the seventh consecutive year.
"More and more Americans depend on the care they receive through Medicare. This is a strong reminder that now is not the time to let up pressure on Congress and the administration to enact meaningful reforms. Improving the program's fiscal outlook will require a comprehensive and balanced approach that reduces wasteful spending, including overpayments to Medicare Advantage plans, and strengthens the program's financing. Such reforms are crucial for preserving the program's fiscal sustainability for future generations."
Read our full analysis here (https://www.arnoldventures.org/stories/meaningful-reforms-to-medicare-are-needed-now-to-sustain-the-program-for-future-generations).
* * *
Arnold Ventures is a philanthropy dedicated to tackling some of the most pressing problems in the United States. It is a team of more than 120 subject-matter experts headquartered in Houston with offices in New York and Washington, D.C. It works in five key issue areas: Criminal Justice, Education, Health, Infrastructure, and Public Finance. Its work is guided by Evidence-Based Policy, Research, and Advocacy.
* * *
Original text here: https://www.arnoldventures.org/newsroom/meaningful-reforms-need-to-be-enacted-sooner-rather-than-later-to-protect-medicare-program
