Putting Medicare in Context: How Does the Balanced Budget Act Affect Hospitals?

Research Report

Putting Medicare in Context: How Does the Balanced Budget Act Affect Hospitals?

July 1, 2000

Abstract

When it was enacted, the Balanced Budget Act of 1997 (BBA) was expected to produce $112 billion in Medicare savings in the first five years (federal fiscal years 1998 through 2002), reducing the projected annual growth rate in program spending from the 8.8 percent baseline estimate to 5.6 percent (Congressional Budget Office 1997).

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