Latest News
Cost growth projected to climb; can ACA initiatives slow it down?
The U.S. economy’s lackluster recovery from the Great Recession eroded wages and left millions chronically unemployed. But it also gave the nation a break from rapidly rising healthcare spending. Now, though, medical spending is likely to resume its growth, fueled by the improving economy, Obamacare’s coverage expansion, an aging population and the high cost of new specialty drugs, according to last week’s report from federal actuaries. Many policymakers and healthcare providers say it’s a good thing to spend more to provide health coverage for a larger percentage of the American population….Read More