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Health Care Spending: The Story is Not So Mixed After All

Posted by Carah Counts on February 23, 2016
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Health Care Spending: The Story is Not So Mixed After All | Carah Counts | Employer Healthcare Strategies blog by CareATC, Inc.There is no contemporary issue more politically charged than health care. In the 6 years since the passage of the Affordable Care Act, a lot of stuff has happened!

Many uninsured people gained access to health care, costs soared for many, and media outlets from all sides poured out all kinds of reports (not all of them very good representations of reality).

Today, many of the most difficult adjustments have already been made, and industry leaders and economists hope that the health care system will begin to settle into relative stability. But what do the numbers indicate?

Is health care spending actually on the decline after so many consecutive months of growth? The answer is: yes. Whether accounting for CPI, PCE, inflation (national, or inflation within health care specifically), or many other factors, health care spending appears to have peaked and is now on the decline.

Read full article at Mother Jones to see the details, but suffice to say there is reason to hope that, after a tough rollout, costs and coverage will get better from here on out.

Photo credit: colindunn via Foter / CC BY
Carah Counts

About The Author

Carah Counts

Carah is a Product Manager here at CareATC. When she's not busy working on our product strategy and roadmap, she dabbles in the occasional creative project or blog post.

Post Topics Healthcare Industry News