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Report: Obamacare, Boomers, Recession Slowing Medicare Costs
The cost of Medicare will grow at a lower rate than initially anticipated – a change government economists attribute to the expansion of insurance coverage through Obamacare, a lower average age of Medicare beneficiaries and economic growth. The estimates come from the Office of the Actuary at the Centers for Medicare and Medicaid Services, the agency responsible for carrying out health policy, including the implementation of the Affordable Care Act. Every year the department releases an analysis of how much Americans are likely to spend on health care in the coming decade. Findings were presented during a press conference Wednesday…Read More
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