Medicare: Rapid Spending Growth Calls for More Prudent Purchasing
(Testimony, 06/28/95, GAO/T-HEHS-95-193).
Last year, federal spending for Medicare totaled $162 billion--more than
$440 million a day. In March 1995, the Congressional Budget Office
estimated that these outlays would approach $350 billion by 2002. In
2005, they could exceed $460 billion unless changes are made. This
testimony discusses ways in which the Medicare program could avoid
excessive or unnecessary spending. GAO examines areas of rapid spending
growth and ways to conserve program dollars--mainly by revising
reimbursement policies and better controlling unwarranted use of
services.
--------------------------- Indexing Terms -----------------------------
REPORTNUM: T-HEHS-95-193
TITLE: Medicare: Rapid Spending Growth Calls for More Prudent
Purchasing
DATE: 06/28/95
SUBJECT: Medicare programs
Health care cost control
Medical services rates
Medical economic analysis
Questionable payments
Medical expense claims
Hospital care services
Claims processing
Billing procedures
Beneficiaries
IDENTIFIER: Medicare Prospective Payment System
Medicare Resource-Based Relative Value Scale
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