Word: budgetable
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...Despite progress at some individual companies, most employers are straining under the weight of an ever-increasing healthcare burden, just as Washington is straining to pay for its healthcare programs. As President Obama said today: "The explosion in health care costs has put our federal budget on a disastrous path. This is largely due to what we're spending on Medicare and Medicaid." Not coincidentally, a new report was released on Tuesday forecasting a dire outlook for Medicare. The report forecast that, based on current trends, Medicare would run out of funds by 2017. Just one year ago, a similar...
...wellness and prevention can provide, but that leaves a lot of medical expense still on the table. For real cost containment to occur there will likely need to be difficult choices made in areas such as end-of-life care, which currently consumes an outsize share of Medicare's budget. It's not politically palatable, but as companies are discovering, healthcare-cost containment is not a job that wins friends...
...edition of the "Status of the Social Security and Medicare Programs" is a swamp of data which is only useful it if it turns out to be correct. There is no evidence that most of the assumptions are accurate any more than there is proof that the new federal budget and its forecast deficits are accurate. The White House recently changed its deficit projection for the next fiscal year by $89 billion. (See TIME's A-Z Health Guide...
...part of this week’s budget cuts at the Faculty of Arts and Sciences, Harvard University Dining Services will eliminate most hot breakfast options in House dining halls beginning in the fall, FAS Dean Michael D. Smith announced Monday. The cut comes in response to the College’s decision to lower the board rate students pay by 7.5 percent, as it seeks to devote more money to its “core mission”, according to HUDS spokeswoman Crista Martin. The reductions in hot breakfast will save the College $900,000 a year, HUDS Executive...
Today's VOID post suffered a budget cut. Play around with the graphic or something...