The Corner

Doc Fix Just Got More Expensive

Who could have possibly foreseen that you’d need more and bigger pieces of chewed bubble gum to fix the leaks in the dam? 

On Friday, the Congressional Budget Office said that just freezing current Medicare payment rates to doctors would likely cost nearly $276 billion through 2020, a 33 percent increase from legislation that would “accomplish that goal introduced late last year by Sen. Debbie Stabenow, D-Mich., estimated to cost $207 billion at the time” according to CongressDaily. ”Aides on both sides of the aisle attributed the cost increase to assumptions of an improved economy, which tends to add more to the cost of health services, as well as demographic changes that foresee increased numbers of retirees in 2020 over the previous year.”

More here.

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