While our elected representatives wrangle over slicing entitlements, virtually no one seems to be paying attention to an eye-popping fact: Medicare reimbursements are no longer accelerating at a break neck-pace. The new numbers should be factored into any discussion about healthcare spending: From 2000 through 2009, Medicare’s outlays climbed by an average of 9.7 percent a year. By contrast, since the beginning of 2010, Medicare spending has been rising by less than 4 percent a year. On this, both Standard Poor’s Index Committee and the Congressional Budget Office (CBO) agree. (S&P tracks healthcare spending with the help of Milliman Inc., an independent actuarial and consulting firm.)...
Showing posts with label Zeke Emanuel. Show all posts
Showing posts with label Zeke Emanuel. Show all posts
Sunday, August 14, 2011
O hear Emanuel: the deficit war may already be won
If this trend reported by Maggie Mahar holds up -- and if theSupreme Court doesn't sandbag it -- it could be worth more for America's long-term fiscal health than all the deficit reduction plans put together:
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