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ACA Caps on Medicare Spending Will Not Control Healthcare Costs
John Goodman's Health Policy Blog Link to more items from this source
Jan. 8, 2014
"The real per capita growth rate for Medicare has been set in the [ACA] at a rate a little higher than the real per capita growth rate for GDP, indefinitely into the future. In other words, Medicare is going to grow at approximately the same rate as our income.... [But] there is no law that restricts overall health care spending. We've imposed a global budget on health care for the elderly and the disabled, but we've imposed no global budget on anyone else. If the past is a guide, per capita health spending will growth at twice the rate of per capita income, in real terms -- meaning that Medicare rates will fall increasingly behind the rates paid by all other payers."

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