News Headlines Article

Gov’t report: health cost relief only temporary
San Francisco Chronicle

If only the economy were growing as fast. Despite a recent easing of medical costs, the nation’s health care spending will keep outpacing economic growth for the foreseeable future, government experts said Tuesday in a forecast that signals more upheaval for Medicare and Medicaid, as well as private insurance. President Barack Obama’s health care overhaul will add $478 billion in spending over the 2011-2021 period covered by the projections, expanding coverage to some 30 million uninsured people.