5  For more information about this scenario, see the description of Scenario 2 in Congressional Budget Office (2005), The Long-Term Budget Outlook, December, pp. 5-13 and 48-49, www.cbo.gov/ftpdocs/69xx/doc6982/12-15LongTermOutlook.pdf (1.0 MB PDF).
Consistent with the assumptions used by the Medicare trustees, the CBO's intermediate projections for Medicare and Medicaid are based on the assumption that, over the long run, per beneficiary health expenditures will increase at a rate that is 1 percentage point per year greater than the growth rate of per capita GDP.