Public Programs To Account for 49% of U.S. Health Care Spending by
2014, CMS Report Estimates
CAL/AAEM News Service
calaaem_news at yahoo.com
Tue Mar 8 10:55:24 PST 2005
Public Programs To Account for 49% of U.S. Health Care Spending by 2014, CMS
Report Estimates
Source: California Healthline (http://www.californiahealthline.org)
Date: February 24, 2005
U.S. health care spending growth will continue to stabilize over the next 10
years, but public programs will account for almost half of total health care
spending by 2014, in large part because of the new Medicare prescription drug
benefit, according to a report conducted by CMS analysts published on the
Health Affairs Web site, the Wall Street Journal reports (Lueck, Wall Street
Journal, 2/24).
The report, released on Wednesday at a forum sponsored by Health Affairs and
the Kaiser Family Foundation, examines public and private health care spending
estimates between 2004 and 2014. According to Stephen Heffler, director of the
National Health Statistics Group at CMS and a co-author of the report, the
health care spending estimates included in the report are the first to take
into account the cost of the Medicare prescription drug benefit (CQ HealthBeat,
2/23).
For more information, please visit:
http://www.californiahealthline.org/index.cfm?Action=dspItem&itemID=109278
Cyrus Shahpar & Brian Potts
Managing Editors, CAL/AAEM News Service
UC-Irvine
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