News Headlines Article

Despite ACA, report predicts decline in medical-cost trend for 2014
Modern Healthcare

Despite the influx of millions of new Americans gaining coverage next year because of the healthcare reform law, the projected percentage cost increase to treat patients is expected to decline as consumers become savvier in how to spend healthcare dollars, according to a PricewaterhouseCoopers Health Research Institute report.

Institute researchers expect a medical-cost trend of 6.4% for 2014, less than the 7.5% for 2013 PwC predicted last year.