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Tuesday, January 7, 2014

Health Care

News                                                                                                                             
CNN Money | Health care spending growth still very low
Spending on health care grew by only 3.7% in 2012, continuing a streak of the slowest growth rates on record, according to data released Monday by the Centers for Medicare and Medicaid Services.

Econ Comments & Analysis                                                                                            
WSJ | Millionaires on Medicaid
Expanding Medicaid coverage to an estimated nine million more Americans—as mandated by the Affordable Care Act—reinforces the idea that Medicaid only serves the poor. That perception is not accurate. And it distracts from a looming budgetary threat to the program: long-term care.
National Journal | The Recession, Not Obamacare, Is Slowing Health Spending
Health care spending increased 3.7 percent in 2012 to $2.8 trillion, according to an analysis released Monday by the Office of the Actuary at the Centers for Medicare and Medicaid Services, marking the fourth consecutive year of the slowest rates recorded in the 53-year history of the National Health Expenditure Accounts.
NBER | The Effect of U.S. Health Insurance Expansions on Medical Innovation
I study the channels through which health insurance influences medical innovation. Following Medicare and Medicaid's passage, I find that U.S.-based medical-equipment patenting rose by 40 to 50 percent relative to both other U.S. patenting and foreign medical-equipment patenting.