Medicare is one of those things that everybody has feared in terms of its impact on our long-term debt and deficit. The New York Times looks at the falling projections over time through a nice, animated line chart. The accompanying article places the cause for these to two factors. First, technical reductions that mean behaviour changes among medical care professionals and patients. Second, to spending reductions through the Affordable Care Act.
Credit for the piece goes to Margot Sanger-Katz and Kevin Quealy.