My question is Is there any actual numbers published regarding current savings to Medicare, is Medicare on track to meet that amount and what has been saved to date?
According to the common wealth fun, since the ACA’s enactment in 2010, the U.S. economy has actually gained closed to 14 million private jobs sector and all has been full time work. There are 5 million more people working now than during the peak level prior to the recession. Then recent annual gains have been faster than in any year since the 1991’s. A number of ACA reforms, particularly related to Medicare, have likely contributed to the slowdown in healthcare spending growth by tightening provider payment rates and introducing incentives to reduce excess costs. The accrued savings in health care spending relative to their projected growth prior to the ACA are substantial and Medicare alone is now projected to spend $1 trillion less between 2010 and 2020.
Schoen, C. (2016). The Affordable Care Act and the U.S. Economy. Retrieved from http://www.commonwealthfund.org/publications/fund-reports/2016/feb/aca-economy-five-year-perspective
My question is Is there any actual numbers published regarding current savings to Medicare, is Medicare on track to meet that amount and what has been saved to date?
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