TLDR
Public assistance healthcare programs like Medicaid and SNAP have been associated with increasing costs for years. Medicaid and SNAP costs have increased 9.9% year over year from 2021 to 2023, and average annual spending is expected to peak in FY2024 by going well beyond $800Bn. These are symptoms of broader problems, such as recurring costs, inefficient benefit and case-based processing, legacy information systems, program bottlenecks, time-consuming healthcare services delivery, lack of digitization, and low-quality patient and provider experiences.via the TL;DR App
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Written by varunkul13 | Varun is a Product Leader with 8 years of Management Consulting and Product Management experience.
