Medicare spending expected to top $1 trillion this year, CMS says,” by Kathleen Steele Galvin, McKnight’s Senior Living 

“Medicare expenditures are expected to exceed $1 trillion despite the end of the COVID-19 public health emergency this year, the associated expirations of the skilled nursing facility three-day stay rule waiver and the 20% payment increase for inpatient COVID-19 admissions, according to estimates released Wednesday by the Office of the Actuary at the Centers for Medicare & Medicaid Services. Medicare spending growth is projected to accelerate from 4.8% in 2022 to 8% in 2023, according to the study, which also will appear in the July issue of the journal Health Affairs.”

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

Which straw (spending report) will break the camel’s (Medicare’s) back?