May 22, 2017

Medicare Cost Projections Rise Under Different Assumptions

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The official projections for Medicare spending follow current law. The Medicare actuaries produce an "alternative illustration" using different assumptions. The alternative scenario assumes payment formulas created by the Affordable Care Act (ACA) and replacement of the Sustainable Growth Rate formula for physicians prove too low, and Congress ultimately alters them to grow a bit faster than the economy. The scenario also assumes lawmakers repeal the Independent Payment Advisory Board, which is supposed to develop proposals improving efficiency amongst Medicare providers if health care costs were to resume rapidly increasing. 

Source: Center for Medicare and Medicaid Services, June 2016

About the Issue

  • The American health care system is a patchwork of public and private programs that serve citizens in different ways, depending on their age, military...

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