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Healthcare Spending Expected to Accelerate
InsuranceNewsNet.com Link to more items from this source
July 29, 2015

"The nation's respite from accelerating health care costs appears to be over. Spending on health care will outpace the nation's overall economic growth over the next decade ... Things changed in 2014, the [CMS] report says ... [as] 8.4 million gained coverage that year, and people with health insurance use more medical services and prescriptions than do the uninsured.... Spending on Medicaid, the federal-state health insurance program for low-income people, also has jumped.... Government will become a more dominant player as the federal, state, and local government share of health care rises to 47 percent in 2024, from 43 percent in 2013."

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