Government Portion of Health Spending to Top 50% in 2012

OPEN MINDS Weekly News Wire Strategic Health Care News In 2012, 50.7% of all dollars spent for health care services are projected to come from government entities if Medicare physician rates decrease by 21.3% as scheduled under current law. The rate cut was scheduled to take place March 1, 2010; however, on March 2, 2010, President Barack Obama signed House Resolution 4691, which staved off the rate cut until March 31, 2010. If the rate cut does not take place, government entities are projected to fund more than half of all health care spending in 2011. For 2009 . . .