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Thursday, July 28, 2011

Health Care

News                                                                                                                             
WSJ | Uncle Sam to Pay More of the Tab For Health
Federal and state governments will take on a greater portion because the health overhaul will greatly expand the number of Americans on the Medicaid insurance program for the poor, and the federal government will subsidize insurance plans for millions of lower earners through new insurance exchanges. In addition, the growth of Medicare enrollment from an aging population will push up federal health-care spending.
Bloomberg | Health Spending Will Account for 20% of U.S. Economy by 2020, Study Shows
National health expenditures rose 4 percent to $2.6 trillion in 2010 from a year earlier, the Office of the Actuary at the U.S. Centers for Medicare and Medicaid Services estimates today in an article in the journal Health Affairs. Growth will be fueled by demand from 30 million Americans who will receive new subsidies under the health overhaul.
National Journal | Recession Slows Health Costs, but Just Wait Until 2014
The recession helped slow the growth of U.S. health costs in 2010, but expenses will pop up in 2014 when the biggest provisions of the health care law take effect, federal government researchers reported on Thursday. After that, however, rising costs should flatten out.

Reports                                                                                                                         
Heritage Foundation | If Health Spending Controls Fail, What Are the Options?
Imagine that the 2010 health reform legislation goes into effect as planned. If the skeptics are correct and it fails to control long-term federal health spending, what could a future Congress do to modify it? There are three approaches.