From Kaiser Health News:
The federal health law, which will expand coverage to 30 million currently uninsured Americans, will have little effect on the nation’s rising health spending in the next decade, a government report said today.The report by the Medicare Office of the Actuary estimated that health spending will grow by an average of 5.8 percent a year through 2020, compared to 5.7 percent without the health overhaul [HR 3590]. With that growth, the nation is expected to spend $4.6 trillion on health care in 2020, nearly double the $2.6 trillion spent last year.
Read more: Nation’s Health Care Bill To Nearly Double By 2020 – Kaiser Health News.
Via The One-Termer We’ve Been Waiting For, by David Catron
