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Medicare

The Medicare program provides subsidized medical insurance for the elderly and for some disabled people. Spending for Medicare totaled about $555 billion in 2012, providing coverage for about 50 million people. CBO projects that Medicare spending will continue to rise rapidly over the next decade, as baby boomers retire and spending per beneficiary continues to rise.
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Estimate of the Budgetary Impact of Extending the Initial Enrollment Period for the Medicare Prescription Drug Benefit (Part D of Medicare)

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May 1, 2006

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The Long-Term Budget Outlook

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December 1, 2005

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High-Cost Medicare Beneficiaries

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May 1, 2005

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Table of Estimates of Proposals to Revise Medicare Payments for Physicians' Services

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March 24, 2005

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Updated Estimates of Spending for the Medicare Prescription Drug Program

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March 4, 2005

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Projection of Spending for the Medicare Part D Benefit

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February 9, 2005

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CBO's Analysis of Regional Preferred Provider Organizations Under the Medicare Modernization Act

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October 1, 2004

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A Detailed Description of CBO's Cost Estimate for the Medicare Prescription Drug Benefit

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July 1, 2004

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Testimony on Medicare's Physician Fee Schedule

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May 5, 2004

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Would Prescription Drug Importation Reduce U.S. Drug Spending?

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April 29, 2004

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