Andy Slavitt

Andy Slavitt, the former Acting Administrator of the National Centers for Medicare and Medicaid Services, addresses the viability of both massive entitlement programs. Slavitt oversaw the implementation of the Affordable Care Act (“Obamacare”) and now is a Senior Advisor at the Bipartisan Policy Center. Slavitt discusses the high costs of medical care in the United States and the relatively poor return the country gets compared to other nations. In addition, they analyze the complicating factor of America’s aging population. Slavitt explains why upward medical cost trends are not adding value to the quality of care in the United States. According to Slavitt, an approximately one percent reduction in Medicare‘s annual costs would make the Medicare Trust Fund solvent in perpetuity. Aaron, however, questioned that assertion especially if lifespans grow significantly, but agreed it likely would only take a relatively small improvement to stabilize the Fund.