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Challenges and Changes The Next Chapter in the Health Reform Debate November 30, 2010

Challenges and Changes The Next Chapter in the Health Reform Debate November 30, 2010 Joseph R. Antos, Ph.D. Wilson H. Taylor Scholar in Health Care and Retirement Policy American Enterprise Institute. Health programs drive the federal deficit. Federal spending as a percentage of GDP.

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Challenges and Changes The Next Chapter in the Health Reform Debate November 30, 2010

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  1. Challenges and Changes The Next Chapter in the Health Reform Debate November 30, 2010 Joseph R. Antos, Ph.D. Wilson H. Taylor Scholar in Health Care and Retirement Policy American Enterprise Institute

  2. Health programs drive the federal deficit Federal spending as a percentage of GDP Source: Author’s calculations based on CBO, “The Long-Term Budget Outlook,” December 2007.

  3. The new Exchange subsidy Source: CBO Long-Term Budget Outlook, June 2010

  4. Is this sustainable? Medicare/GDP (%) 11.18% Prior Law 10.70% Alternative 6.37% Current Law Source: www.cms.gov/ReportsTrustFunds/downloads/2010TRAlternativeScenario.pdf

  5. The fourth health “entitlement” $ Billions Tax breaks for other health spending Tax breaks for private insurance Source: JCT, Tax Expenditures for Health Care, July 30, 2008

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