CBO: Medicare and Medicaid spending growth unsustainable
November 25th, 2007 Posted by: Dr. Dobson
Washington — Medicare and Medicaid spending would — if unaddressed — continue to grow faster than the economy over the next 75 years, but don’t blame it all on the baby boomers. Instead, look at the way physicians and hospitals are paid and how technology and new treatments drive costs, according to a first-ever Congressional Budget Office analysis of long-term health spending.
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Tags: Medicare, Medicaid, spending, growth, unsustainable