or increase taxes? KP www.kpcb.com USA Inc. | What Might a Turnaround Expert Consider? 276 HOUSE_OVERSIGHT_020979 Restructure Medicare & Medicaid: Combination of Reducing Benefits (Including Covered Lives) & / or Raising Taxes Consider: 1) Reduce Medicare benefits by 53%? and/or 2) Increase Medicare tax rate from 2.9% to 6.8%