Fierce Healthcare December 18, 2018
With the federal deficit increasing, the CBO offered some ways to rein in health spending.
With the federal budget deficit skyrocketing in the wake of the 2017 tax reform law, the Congressional Budget Office (CBO) is scoring dozens of potential options for reducing spending and raising revenues.
Among the many policies CBO evaluated in its November report (PDF) were several major changes to Medicare and Medicaid law, such as reducing federal Medicaid matching rates and raising the Medicare eligibility rate to 67.
Changes of this magnitude would require an act of Congress, so their prospects in the divided government next year are likely dim. Still, CBO’s detailing of the alternatives provides a window into how future deficit reduction could...