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Learn about the significant impact of policy changes on Medicare costs, growing faster than GDP. Explore the uncertain future of CBO projections and implications for healthcare entitlements.
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http://www.cbo.gov/ftpdocs/105xx/doc10521/08-25-BudgetUpdate.pdfhttp://www.cbo.gov/ftpdocs/105xx/doc10521/08-25-BudgetUpdate.pdf
http://www.cbo.gov/ftpdocs/107xx/doc10707/11-06-09-CBO_Presenation-AgingAndHealth-TheChallengesOfEntitlementGrowth.pdfhttp://www.cbo.gov/ftpdocs/107xx/doc10707/11-06-09-CBO_Presenation-AgingAndHealth-TheChallengesOfEntitlementGrowth.pdf
“Since 1975, policy changes and other factors have caused annual costs per Medicare enrollee to grow an average of 2.3 percentage points faster than per capita GDP—a difference referred to as excess cost growth.” http://www.cbo.gov/ftpdocs/102xx/doc10297/06-25-LTBO.pdf
Uncertainty of CBO Projections http://www.cbo.gov/ftpdocs/89xx/doc8917/Chapter1.5.1.shtml