Renal Business Today

Congressional Budget Office (CBO)

Medicare and Medicaid Cost Expected to Increase Rapidly

WASHINGTON—The cost of Medicare is expected to nearly double over the coming decade, while Medicaid will increase at an even faster rate, according to projections issued by the nonpartisan Congressional Budget Office. ...More
March 16, 2012
Posted in News, Government & Regulation
CBO: Medicare Spending to Reach $528 Billion in 2010

Gross spending on the Medicare program is expected to total $528 billion in 2010, $735 billion in 2015, and $1,038 billion in 2020, according to the Congressional Budget Office. The CBO also expects for Medicare spending to rise (as a percentage of gross domestic product ...More
January 27, 2010
Posted in News, Business, Government & Regulation
54 Million Americans to be Uninsured by 2019

WASHINGTON—As reported by the Associated Press, the Congressional Budget Office (CBO) is estimating that the number of Americans without health insurance will grown from 45 million this year to 54 million by 2019 unless changes are made to federal policy. ...More
February 13, 2009
Posted in News, Business, Clinical & Pharma, Government & Regulation
Drug negotiation bill fails in Senate

The Democrats suffered a major blow in Congress when the Senate blocked a bill in April that would have allowed Medicare to participate in negotiations for drug prices in the Medicare Part D Prescription Drug Program. Such negotiations are not allowed under current law. ...More
June 1, 2007
Posted in Articles, Business, Government & Regulation