tci Medicare Compliance & Reimbursement - 2006 Issue 30

MEDICARE NEWS: Medicare Growth Shrinks--But More Cuts On The Way

Bonus:  Legislators want to model universal health coverage after Medicare.The growth rate in Medicare spending "slowed considerably" during the period from 1992 to 2003, as compared with the period from 1975-1983, according to a "working paper" by the Congressional Budget Office (CBO). CBO analyst Chapin White compared "excess" growth per-beneficiary during those two periods and found that Medicare had grown by only 0.9 percent during the more recent period, compared with 5.5 percent in the earlier period. White defined "excess growth" as growth above economic expansion and the growing numbers of elderly people. (Access White's study...

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