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Law, healthier beneficiaries helping trim Medicare costs

USA Today, March 11, 2014
Health care spending per Medicare recipient will slow in the future, because of lower payments to doctors, fewer services per beneficiary and a lower average age of beneficiary, according to a February monthly budget review by the Congressional Budget Office. "Under current law, spending per person in Medicare will increase much more slowly during the next decade than it has during the past few decades," CBO states in the review. In the first five months of Fiscal Year 2014, Social Security spending rose by $16 billion over the same time period in 2013; Medicaid went up by $8 billion, but Medicare, CBO reported, "was virtually unchanged."