Rise in health care spending lowest on record [View all]
Kelly Kennedy, USA TODAY
WASHINGTON — Health care spending since the 2010 passage of the Affordable Care Act has risen by 1.3% a year, the lowest rate ever recorded, and health care inflation is the lowest it has been in 50 years, a report released Wednesday by the White House shows.
An economy hobbled by the recession and 2008 economic crisis played a role in some of the reduced spending growth, officials said, but the report cited "structural change" caused, in part, by the law.
The report's release comes as President Obama and his administration struggle with the political fallout associated with the problem-filled opening of the federal health care exchange, the online marketplace where uninsured Americans can shop for and buy insurance. The exchange's website, HealthCare.gov, opened Oct. 1 and has been hampered by outages and delays, particularly in its first weeks of operation.
Per capita spending has grown at a rate of 1.3% since 2010, the lowest recorded rate for any three-year period on record, according to the report, which was conducted by the White House Council of Economic Advisers.
more
http://www.usatoday.com/story/news/nation-now/2013/11/20/health-care-spending-growth/3650243/
= new reply since forum marked as read