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Curb your enthusiasm about those Medicare savings
Contrary to some media reports, the Medicare monster hasn’t been tamed. But it has been made a little less unruly. To be precise: Spending is regularly falling below projections, creating the prospect of hundreds of billions of savings over decades. “It’s a pretty big deal,” says Tricia Neuman of the Kaiser Family Foundation, a health-care think tank, “because the slowdown has been sustained year after year.” Here are the startling numbers. In 2014, average spending per Medicare recipient is expected to be $1,048 lower than the Congressional Budget Office (CBO) projected in 2010, says Neuman…Read More
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