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National Health Spending Slated to Increase by 2020 Fri Jul 29, 2011 12:03 am
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National Health Spending Slated to Increase by 2020


July 28, 2011 -- The health reform law -- the Affordable Care Act -- is slated to change how our health care dollar is spent and how far it can stretch during the ensuing decade.

Health care spending will increase substantially in 2014, when the Affordable Care Act expands access to insurance via federal programs and new state insurance exchanges or marketplaces where small businesses and individuals who don’t get health insurance through their employer can shop, compare, and purchase health plans.

In 2010, health care spending grew at a historic low rate of 3.9% primarily because of the effects of the recently ended economic recession. But by 2014, health care spending growth is expected to reach 8.3%. The average annual growth is estimated to be 5.8% from 2010 to 2020, according to the new projections that appear in the health policy journal Health Affairs.

http://www.webmd.com/medicare/news/20110728/national-health-spending-slated-to-increase-by-2020?src=RSS_PUBLIC
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National Health Spending Slated to Increase by 2020 Fri Jul 29, 2011 12:03 am
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National Health Spending Slated to Increase by 2020




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