Industry Note:
Medicare Board Of Trustees Gauges Cost Growth
Published on Fri Apr 26, 2019
Don’t be surprised to see Medicare officials trying to tighten budget belts even further. In its new annual report, the Medicare Board of Trustees estimates that total Medicare costs will grow from about 3.7 percent of Gross Domestic Product in 2018 to 5.9 percent of GDP by 2038, and then to about 6.5 percent of GDP by 2093. “The faster [...]