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Medicare doesn't think its own cost controls will work

By The Washington Post  
   January 11, 2013

A chart, published today by Health and Human Services, shows how quickly the agency expects Medicare costs to grow over the next two decades. Most of the growth above and beyond overall economic growth has to do with the Medicare population getting older and bigger. Actuaries predict that cost growth will begin exceeding the rest of the economy's growth in 2023.

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