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Stuart G

(38,674 posts)
Mon Jan 6, 2014, 05:34 PM Jan 2014

Health Care Spending Growth Still Very Low

This discussion thread was locked as off-topic by NancyBlueINOklahoma (a host of the Latest Breaking News forum).

Source: CNN Money

NEW YORK (CNNMoney)

America continued to curb its spending on health care for the fourth year in a row.
By Tami Luhby @Luhby January 6, 2014: 4:08 PM ET

Spending on health care grew by only 3.7% in 2012, continuing a streak of the slowest growth rates on record, according to data released Monday by the Centers for Medicare and Medicaid Services.

The report looked at all spending on health care services, including doctors, drugs, hospitals and nursing homes, and research nationwide. It also breaks down who is doing the spending: consumers, Medicaid, Medicare and insurers.

Spending remained restrained due to the weak economy. People continued to pull back on medical care amid a continued weak job market and providers sought to keep prices in check. The Affordable Care Act had minimal impact, as many of the health reform's major provisions had yet to kick in.


Read more: http://money.cnn.com/2014/01/06/news/economy/health-care-spending



I disagree with the third paragraph of this story, I think that ACA had some impact that helped keep spending down. That statement is an opinion, of the writer, rather than a fact proven. Why did providers keep prices in check?.. Still it is news, prices are very stable.
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Health Care Spending Growth Still Very Low (Original Post) Stuart G Jan 2014 OP
Oops.. someone beat you to it by 4 minutes - Locking OKNancy Jan 2014 #1

OKNancy

(41,832 posts)
1. Oops.. someone beat you to it by 4 minutes - Locking
Mon Jan 6, 2014, 05:44 PM
Jan 2014
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