Meeting future health and long-term care needs of an aging population.

نویسندگان

  • K Davis
  • S Raetzman
چکیده

The most dramatic reduction in spending growth from 1999 to 2002 is an effect of the Balanced Budget Act of 1997 (BBA).The BBA is expected to make a significant downpayment on Medicare’s future by achieving $116 billion in savings from 1998 to 2002 and $394 billion over the 10-year period from 1998 to 2007. It also extended the projected insolvency of the Medicare Hospital Insurance Trust Fund from 2001 to 2008 and cut the projected deficit in half over 75 years.An even greater slowdown than expected and strong economic growth has pushed the insolvency date back to 2015. Approximately three-fourths of the 10-year savings from the BBA are to come from tightening prospective payment rates to health care providers and managed care plans.

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عنوان ژورنال:
  • Issue brief

دوره 350  شماره 

صفحات  -

تاریخ انتشار 1999