Rising private health costs could make CBO’s sobering budget baseline optimistic.
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Median earnings for many specialties were in the top one percent of the income distribution in 2010
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Medicare’s actuaries project that national health expenditures will grow rapidly while the rest of the economy languishes
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Medical spending goes overwhelmingly into provider pay and benefits
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CAHC Perspectives
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Health Spending and the Budget Deficit
By Joel White and Paul Hewitt The chart below illustrates that health programs continue to dominate the fiscal landscape. According to the Congressional Budget Office (CBO), new health spending (over 2012 levels) will account for 57 percent of projected programmatic … Continue reading
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Technical Note: Are Providers Gaining Pricing Power over Medicare?
By Paul S. Hewitt The upbeat story about health costs since 2010 has been the apparent stabilization of national health expenditures at 17.9 percent of GDP. According to former Medicare Chief Actuary Richard Foster, providers may be “getting it, realizing … Continue reading
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Technical Note: Rising Health Costs Reduce (Measured) Incomes
By Paul S. Hewitt Everybody knows that private health costs have been growing rapidly relative to our ability to pay, but few seem to make the connection rising premiums and falling household incomes. Because the typical household purchases health coverage … Continue reading
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Technical Note: Provider Incomes Drive Health Costs
By Paul S. Hewitt According to the benefits consulting firm Milliman, the cost of family health coverage was $20,728 in 2012. That was up from just $9,235 in 2002—an increase equivalent to 15 percent of the median family income in … Continue reading
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Technical Note: Private Prices Drive S&P Health Indices
All nine S&P Healthcare Economic Indices posted a deceleration in September 2012, according to S&P’s November update, but this apparent good news was tempered by large health care price increases for private payers, as the gap between Medicare and commercial … Continue reading
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Technical Note: Falling Hospital Worker Compensation Dampens Health Cost Growth
By Paul Hewitt In the three years through September 2012, the real (inflation-adjusted) compensation of hospital workers fell by 2.4 percent, outpacing the 1.8 percent decline for the workforce as a whole, according to the Labor Department’s Employment Cost Index. … Continue reading
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Technical Note: Health Care and the Fiscal Cliff
By Joel White & Paul Hewitt The lame duck session of the 112th Congress sets the stage for a year of hard bargaining on measures to trim a projected $10 trillion in budget deficits over the next decade alone. This … Continue reading
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Technical Note: Premium Growth Slows, but Affordability Falls
By Paul S. Hewitt Kaiser Family Foundation/Health Research & Educational Trust (HRET) 2012 employer survey appears to confirm other anecdotal evidence that private health spending growth may be slowing. Despite this apparent good news, the survey also underscored that coverage … Continue reading
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Technical Note: Hospital Price Inflation Overwhelms Declining Volume and Intensity
By Paul S. Hewitt In September, the Health Care Cost Institute released its 2010-2011 Cost and Utilization Report detailing the predominant role of prices in driving up health spending. Almost all of the 4.6 percent increase in private spending was … Continue reading
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Technical Note: Sequestration and its Impact on Healthcare Programs
On September 14, the Office of Management and Budget released a report pursuant to the Sequestration Transparency Act of 2012 (P.L. 112-115) that outlined the high level program cuts that will become effective in January 2013 as a result of … Continue reading
The Daily Clips
- CAHC Daily Clips for Thursday May 23rd
- CAHC Daily Clips for Wednesday May 22nd
- CAHC Daily Clips for Tuesday May 21st
- CAHC Daily Clips for Wednesday March 11th
- CAHC Daily Clips for Wednesday March 6th | Snowquester Edition
- CAHC Daily Clips for Monday March 4th | Sequestered Edition
- CAHC Daily Clips for Wednesday February 28th | Sequester's Eve Edition
- CAHC Daily Clips for Wednesday February 27th
- CAHC Daily Clips for Tuesday February 26th
- CAHC Daily Clips for Monday February 25th
- CAHC Daily Clips for Wednesday January 30th - Forgot to Press Send Edition
- CAHC Daily Clips for Tuesday January 29th
- CAHC Daily Clips for Monday January 28th
- CAHC Daily Clips for Tuesday January 23rd
- CAHC Daily Clips for Tuesday January 22nd - First Day of the Rest of Your Presidency Edition
- CAHC Daily Clips for Wednesday January 9th
- CAHC Daily Clips for Tuesday January 8th, Late Lunch Edition
- CAHC Daily Clips for Friday January 4th - Lunchtime Edition
- CAHC Daily Clips for Thursday January 3rd - First Day of School Edition
- CAHC Daily Clips for Wednesday January 2nd - Fiscal Clips Edition
Key Issues
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OTHER ISSUES