Medicare & Medicaid Budget Cuts

Medicare & Medicaid Budget Cuts The latest tax reform bill all but guarantees major cuts to Medicare & Medicaid. The first cuts are expected to be in the range of $25 billion, in 2018 (Forbes). Another $400 billion in budget cut is expected to occur over the course of the next ten years (Forbes). What are the consequences of making Medicare & Medicaid budget cuts? You are conducting a SWOT analysis (and cost/benefits analysis) to determine how budgetary cuts to Medicare & Medicaid will impact consumers, patients, the healthcare industry, and governmental operations. There are ethical, economic, social, and health consequences to having budget cuts implemented. Fully explore one consequence of each quadrant (Strengths, Weaknesses, Opportunities, and Threats) and include evidence-based data on the impact supporting your claims.
You must use external sources for each part of this five-part assignment. Use the template provided.
Strength Weakness Opportunity Threat Cost/Benefit Analysis