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Slower Growth in Medicare SpendingIs This the New Normal?
March 7, 2012 For many years, policymakers have appropriately singled out federal spending on health careespecially Medicareas the most serious long-term threat to the nations fiscal health. Over the past four decades, the average growth in Medicare spending per enrollee has exceeded the growth in per capita gross domestic product by 2.6 percentage points per year. This trend is unsustainable: if it continued, Medicare would consume all federal revenues by 2060. Access to this article is available at the New England Journal of Medicine Web site. (Free access.)
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