Expanding Government Spending on Health Care May Lead to Socialized Medicine
OPEN MINDS Weekly News Wire Strategic Health Care News The Centers for Medicare and Medicaid Services (CMS) 2008 trend analysis of government and private spending showed that by about 2016, federal spending on health care will be 49% of all health care spending. However, the federal government has recently increased its health care spending in the following ways: The February 4, 2009 reauthorization of the State ChildrenÂ’s Health Insurance Program expanded the number of children that could be covered. The 2009 American Recovery and Reinvestment Act stimulus bill added more government funding for health care initiatives. President Barack Obama . . .
