Unbiased Analysis of Today's Healthcare Issues

1 in 5 dollars of the US economy to be spent on healthcare by 2023

CMS Office of the Actuary (OACT) projects that the slowdown in healthcare spending will not last. From an article in Health Affairs this month: In 2013 health spending growth is expected to have remained slow, at 3.6 percent, as a result of the sluggish economic recovery, the effects of sequestration, and continued increases in private […]

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CBO Medicare Forecast Accuracy

According to a N.Y. Times editorial, the Congressional Budget Office has consistently underestimated costs savings from a variety of institutional changes to Medicare.  For instance: Medicare enacts the prospective payments system (PPS) for reimbursing inpatient hospital stays. The CBO projected total Medicare spending will rise to $60 billion in 1986. Actual Medicare spending in 1986 […]

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Forecasting the Cost of U.S. Healthcare

Robert Fogel has a very well-written, well thought-out piece in The American on the topic of Forecasting the Cost of U.S. Healthcare. The article breaks down the forces affecting the future cost of medicine into five categories. The section below list each category which Dr. Fogel’s arguments and my comments mixed in. A likely continued […]

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