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How Congress Is Actually Holding Down Medicare Spending

Sustainable Growth Rate formula. That’s the formula created by Congress to govern the amount that Medicare pays to physicians for various treatments. It is supposed to adjust payments to meet an overall spending target tied to economic growth. But it hardly ever works out this way. Congress routinely overrides the cuts that the formula would demand, and it did so again a few weeks ago. Health care experts often view such action as a failure of government to control health care costs. But that view is incomplete…Read More

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