Last week, experts cited in a New York Times story warned that while the Affordable Care Act (ACA) may be broadening access to health coverage as intended, getting health care costs under control is another matter. The recession may be the single biggest factor in recently slowing health care costs. Experts argue that health care costs could accelerate again as the economy improves and consumers act on pent-up demand for medical services, which may already be happening. Also, the increasing use of ever-more expensive new technologies in medicine has not changed. As a result, some predict health care will consume almost a quarter of the nation’s economic product and add further to the national debt.
Posted on: Wed, 30 Apr 2014 13:15:58 +0000