- The Progressive Pulse - http://pulse.ncpolicywatch.org -

Health costs decreasing by billions of $$ – yes, decreasing

From the NYT yesterday [1] (H/T @gregflynn):

Already, the Congressional Budget Office has quietly erased hundreds of billions of dollars from its projections. It now estimates that Medicare spending in 2020 will be $137 billion lower than it thought in 2010, a drop of 15 percent; Medicaid spending will be $85 billion, or 16 percent, lower; and private health insurance premiums are expected to be about 9 percent lower.