CBO Weighs Effect of Growing Deficit on Fed Programs

Health care programs such as Medicare and Medicaid figure to suffer, thanks to a growing federal budget deficit, according to a report by the Congressional Budget Office. Political fingerpointing has already begun and the issue promises to be a hot one come the fall mid-term elections.

The CBO estimates that the national deficit will exceed $100 billion for 2002, and the Wall Street Journal reports that that could "squeeze money for the government's health care programs."

The nonpartisan report says that through May of the current fiscal year, which ends Sept. 30, the deficit stood at $149 billion. Compare that to the $137 billion surplus for the same period for 2001.

The CBO report says that $125 billion of that $286 billion "swing" results from higher government spending, including a 10.7-percent increase in spending on Medicare and Medicaid.

Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

Apply via email to jfedder1@hfhs.org or online at http://p.rfer.us/HENRYFORDlXqAJA

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