Quote:
Originally posted by ltl/fb
With the advent of the Medicare prescription drug benefit, the public sector will account for a record half of the nation's health care spending by 2014, according to a study issued Feb. 23 by economists and actuaries at the Centers for Medicare & Medicaid Services.
The Medicare drug benefit, scheduled to begin in 2006, will have little affect on overall health spending or spending on prescription drugs but it will foster a substantial shift from the private sector to the public sector, according to the study, released by the journal Health Affairs.
By 2014, public sector programs such as Medicare and Medicaid will account for 49.4 percent of total U.S. health care spending, "a record share that could have important implications for the budget as a whole," the study report said.
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That sound, I think, is the thrashing from club's seizure, brought to him by the Bush Administration. Medic!
