Last week, two well-respected groups of government economists predicted the end is nigh for the era of restrained growth in healthcare spending. Ignore them. They've been wrong before. They will be proven wrong again. Every summer, the actuaries at the CMS and the money minders at the Congressional Budget Office—economists all—offer their outlooks for future healthcare spending. Every year since the onset of the Great Recession and through the economy's slow-but-steady recovery, they've projected the current era of slow growth is coming to an end.
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