Report says health care will cover more, cost more

user-pic
Vote 0 Votes

Analysis of the health care reform package signed into law by President Obama earlier this month reveals that more people will be covered than anticipated but also that the hoped for cost  savings may not materialize: 

 

Economic experts at the Health and Human Services Department concluded in a report issued Thursday that the health care remake will achieve Obama's aim of expanding health insurance -- adding 34 million to the coverage rolls.

 

But the analysis also found that the law falls short of the president's twin goal of controlling runaway costs, raising projected spending by about 1 percent over 10 years. That increase could get bigger, since Medicare cuts in the law may be unrealistic and unsustainable, the report warned.

 


For the full story, click here:  Report Says Health Care Will Cover More, Cost More; AP/Yahoo News - April 22, 2010.  For a copy of the HHS report, click here

 

Related coverage:

 

Government Report: New Healthcare Reform Law Could Lead to Higher Prices, Employers Dropping Coverage; The Hill - April 22, 2010


Health Care Cost Increase Is Projected for New LawThe New York Times - April 26, 2010

 

ObamaCare MulliganThe Wall Street Journal - April 26, 2010

No TrackBacks

TrackBack URL: http://blog.imedexchange.com/admin/mt-tb.cgi/670.

About VITALSIGNS

VitalSigns provides physicians with a unique, concise source of information on health reform and policy that has been specially selected to be both interesting and actionable... read more

Engage

Join ImedExchange

Follow Us on Twitter

RSS Subscription

  • Google Reader or Homepage
  • Add to My Yahoo!
  • Subscribe to my feed
  • Add to My MSN!
  • Add to My AOL!
  • Add to Technorati Favorites!
  • Subscribe in myEarthlink

About this Entry

This page contains a single entry by Angie published on April 27, 2010 11:08 AM.

Health Reform Law Expands Physician Liability Under False Claims Act was the previous entry in this blog.

Find recent content on the main index or look in the archives to find all content.