News Headlines Article

CMS actuary sees federal Medicaid costs rising faster than expected
Modern Healthcare

Federal Medicaid costs will accelerate more quickly than previously expected under the 2010 healthcare overhaul, according to Richard Foster, the CMS‘ chief actuary. New estimates of federal healthcare spending, requested by Senate Republicans, found that growing federal Medicaid spending since enactment of the Patient Protection and Affordable Care Act has increased estimates of future federal Medicaid spending from $410.3 billion between 2010 and 2019 to $725.3 billion between 2010 and 2021.