Medicare Spending

By: CBS News Email
By: CBS News Email

In a St. Joseph's Healthscene report, a new report warns if nothing is done to rein in Medicare spending, access to health care for some of the nation's poorest citizens could be threatened. Current spending will far out-pace the growth of the U-S economy over the next decade. Benefit costs are projected to increase nearly 8% a year while the economy's expected to grow less than 5% annually.

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