Who’s Right on Health-Care Cost Projections?

(By – LOUISE SHEINER)

The sustainability of the U.S. fiscal outlook depends on the path of health costs, particularly Medicare, the health insurance program for the elderly and disabled.  If health costs continue to rise more rapidly than gross domestic product, then Medicare will be increasingly unaffordable.  The recent slowdown in Medicare spending has been touted as evidence that the health cost curve has finally “bent” and that the Medicare financing problem can be managed with modest changes in policy. Read more…

 

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