Medicare, Medicaid Contain Costs Better Than Private Insurers, Study Says

Calls for funding cuts to popular entitlement programs, including Medicare and Medicaid, have been fueled by the growing U.S. deficit and the fear that the Medicare trust fund will soon run out. Some Republican lawmakers insist that trimming those programs is the only way to rein in federal spending. But Urban Institute researchers released a study Monday showing that Medicare and Medicaid have done a better job at controlling spending than private payers have. They concluded that lawmakers should shift their focus toward containing costs in the private insurance market.

Source/more: Modern Healthcare

 

 

 

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David Wingate is an estate planning and elder law attorney at Estate and Elder Planning by David Wingate. The Estate and Elder Planning office services clients with powers of attorneys, living wills, Wills, Trusts, Medicaid and asset protection. The Elder Law office has locations in Frederick, Washington and Montgomery Counties, Maryland.

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