News Headlines Article

U.S. healthcare costs projected to continue to climb
Los Angeles Times

Pushed by a dramatic increase in the number of Americans who will get insurance under the new healthcare law, total U.S. medical spending will continue to gallop upward, consuming nearly 20% of the economy by 2019, according to a new government estimate.

But because new savings in the law offset most of the cost of extending insurance to more people, the nation’s total healthcare bill is not expected to be substantially larger than it would have been without the overhaul.

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