Becker's Healthcare September 6, 2023
Medicare spending per beneficiary has remained stagnant over the past decade, but the reasons why are unclear, The New York Times reported Sept. 4.
Medicare spending was projected to reach $22,000 per beneficiary by 2023, but the program spent $12,459 per beneficiary this year, according to the Times.
One clear reason for the decrease in spending is cuts in reimbursements to hospitals and Medicare Advantage plans implemented in 2010 as part of the Affordable Care Act.
Most of the reduction is...
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Topics: CMS, Govt Agencies, Healthcare System, Insurance, Medicare, Pricing / Spending, Survey / Study, Trends