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:
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.)...