Our Products can help your organization stay educated and compliant. Shop Now >


CBO Predictions Released for Medicare and Medicaid Spending Over Coming Decade

Posted on Tuesday, February 2, 2016 8:27 AM

CBO announced “The Budget and Economic Outlook: 2015 to 2025” which outlines federal spending and revenues, along with the federal debt for the upcoming decade. CBO predicted spending on major health care programs would exceed spending on Social Security, nearly doubling over the period of 2015 to 2025. The following major health care programs are estimated to increase more than 5.1 percent of GDP in 2015 to 6.2 percent in 2025:

  • Grants for health insurance purchased through exchanges
  • Medicare
  • Medicaid
  • CHIP

CBO anticipates spending to continuously grow at an average rate of nearly 7 percent per year. For the full article, click here.

About Corridor

Corridor is a trusted home health and hospice consulting partner to agencies both large and small. We provide the most up-to-date comprehensive homecare industry educational resources and consulting available.

We specialize in delivering better revenue cycle management solutions, coding and documentation review services, regulatory compliance, and healthcare consulting.

For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!

For additional information, please contact Corridor at 1-866-263-3795

Go Back