A community for people who want to remain as healthy as possible as we age.

Aging, Not Obamacare To Fuel Next Decade's Medical Spending

(Forbes) Health spending will rise nearly 6 percent for the next 10 years, but it won’t be due to expanded medical coverage under the Affordable Care Act.
Rather, the 5.8% growth in health spending from 2015 to 2025 “is expected to be influenced by changes in economic growth, faster growth in medical prices, and population aging,” according to the latest projections from the Centers for Medicare & Medicaid Services office of the actuary…
Projected health spending growth is ahead of growth of the gross domestic product by 1.3 percent, but medical costs are still rising much slower than they were before in the two-decade run-up to the so-called Great Recession.
Community: So allowing older Americans to buy in to Medicare should help keep prices down for younger people.
[Click the title, above, to post a comment.]

0 comments:

Post a Comment

Please do not give advice. We can best help each other by telling what works for us, not what we think someone else should do.