Tag: healthcare costs
Getting spending on Social Security, Medicare, and Medicaid “under control” is at the top of all the budgeteers’ agenda. While the intention sounds reasonable, spending on these programs is not out of control. Social Security spending is slated to rise from roughly 5 percent of GDP to 6 percent of GDP between 2023 and…
President Trump’s proposal to establish an international pricing index as a benchmark to control drug spending under Medicare Part B has once again raised the issue of allowing the government to negotiate the price of prescription drugs for Medicare. Indeed, a recent Kaiser Family Foundation study estimates that drug prices are projected to rise 47…
