The latest Medicare Trustees report was released yesterday and there were two main messages in the administrations press release: (1) slower Medicare growth has added four more years to the life of the Medicare Trust Fund, relative to last years report, and (2) the main reason is the Affordable Care Act (ObamaCare), including new payment methods the administration has been experimenting with and the establishment of Accountable Care Organizations (ACOs).
Medicare Hype
Also published in Forbes Tue. July 29, 2014
John C. Goodman is a Senior Fellow at the Independent Institute, author of Priceless: Curing the Healthcare Crisis and President of the Goodman Institute for Public Policy Research.
Economic PolicyEconomyFederal Budget PolicyFiscal Policy/DebtHealth and HealthcareMedicare and MedicaidTaxes and Budget
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