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Medicare and Medicaid costs continue to rise slower than private insurance
Posted By Rob Schofield On August 10, 2012 @ 11:52 am In Uncategorized | Comments Disabled
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.
“Medicare and Medicaid spending per beneficiary has grown less rapidly than costs for private health insurance in recent years, as we have previously pointed out. (See here  and Figure 1 here .)
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 .
Article printed from The Progressive Pulse: http://pulse.ncpolicywatch.org
URL to article: http://pulse.ncpolicywatch.org/2012/08/10/medicare-and-medicaid-costs-continue-to-rise-slower-than-private-insurance/
URLs in this post:
 a worth-reading post : http://www.offthechartsblog.org/medicare-and-medicaid-spending-trends-dont-justify-restructuring/
 here: http://www.offthechartsblog.org/medicaid-costs-growing-more-slowly-than-private-insurance/
 here: http://www.cbpp.org/cms/index.cfm?fa=view&id=3589
 new article: http://www.nejm.org/doi/full/10.1056/NEJMp1204899
 premium support: http://www.cbpp.org/cms/index.cfm?fa=view&id=3704
 block grant: http://www.offthechartsblog.org/ryans-rx-for-medicaid-would-add-millions-to-the-uninsured-and-underinsured/
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