Medicare and Medicaid costs continue to rise slower than private insurance
Paul Van de Water, one of the top budget wonks at the Center on Budget and Policy Priorities, has a worth-reading post at Off the Charts this morning.
This favorable trend is projected to continue for at least the coming decade, according to a new article in The New England Journal of Medicine. These data belie the claim that spending for Medicare and Medicaid is “out of control” and that the programs must be fundamentally restructured by adopting Medicare premium support or converting Medicaid into a block grant.”
And here’s his chart illustrating this reality:
You can read the entire post by clicking here.