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PROJECT NO PROJECT COST Hfsrb Illinois Form

PROJECT NO PROJECT COST Hfsrb Illinois Form

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on the final chart I've shown the total projected cost for Medicare as a percentage of GDP and the black curve at the bottom is under current law and you can see that right now we're the total cost of Medicare is about 3.6% of GDP and this would grow over time in the long run to about 6.2% under current law now that's a significant degree of growth um but uh if the productivity adjustments and other Provisions are viable in the long run I would argue that's manageable not easily manageable but you could deal with it uh and it's certainly a huge Improvement if you look at the 2009 projection in the red curve before the Affordable Care Act there the projection was for over 11% of GDP in the long run so 6.2% is far more manageable than over 11% yeah it's a huge Improvement um now we also show the blue curve under the illustrative alternative that I mentioned before this assumes that the Physicians get updates equal to the Medicare economic i

Related searches to PROJECT NO PROJECT COST Hfsrb Illinois

Illinois Health Facilities and Services Review Board
Illinois Health Facilities Planning Act

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