Thursday, February 28, 2013

Medicare Fix: There's Time For A Prudent Solution

Medicare Needs Fixing, But Not Right Now by Eduardo Porter.  The New York Times.  February 26, 2013.

There is evidence that the rise in health care costs generally is losing speed.  Medicare costs are rising slower with the CBO 2020 estimate $126 billion less than predicted three years ago.  Prodded by Obamacare incentives, Accountable Care Organizations are seeking effectiveness and low costs.  Intriguing possibilities exist for further cost decreases.  The tremendous differences in costs per person by geographical area points to possible cost saves of up a third.  While the costs saving possibilities will not by themselves produce all the savings needed, there is little reason to panic and adopt ill-considered steps now.

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