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A Story in Six Charts
By Nancy Chockley PhD www.NIHCM.org
Between the fiscal cliff, sequestration, a potential government shut down and the debt ceiling, Washington is experiencing a seemingly endless succession of budgetary crises.
Although health entitlement programs are often on the table in negotiations, there has been little agreement on the scope and direction of meaningful reform. The recent slowdown in health spending growth may strengthen the impulse on some fronts to delay action, but long-term projections leave little doubt that federal health spending will continue to be a major contributor to our fiscal woes.
Assessment
This chart story pulls together essential facts on how much the federal government is spending on mandatory health care programs, how that spending affects the budget, and the hard spending and revenue trade-offs necessary to improve our fiscal outlook.
Conclusion
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Filed under: Health Economics, Health Insurance, Healthcare Finance | Tagged: Health Entitlement Spending, Nancy Chockley PhD, www.MIHCM.org | 2 Comments »
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