“Health Care Spending Could Reach 40% of Federal Total by 2047,” by Maggie Flynn, Skilled Nursing News

“If current policies don’t change, federal spending on Medicare, Medicaid, and other health care programs will grow faster than any other category over the next three decades — eventually reaching 40% of the federal budget. The Congressional Budget Office (CBO) presented these statistics in a Wednesday presentation to the Council for Affordable Health Coverage and the American Action Forum, painting a striking picture of the future of Medicaid, the number-one skilled nursing payer.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Something has to give, and when it does, LTCI will take off.

Health Care Spending Could Reach 40% of Federal Total by 2047

#healthcare
#spending
#goldencareagent