The health-care overhaul enacted last spring wonÂ’t significantly change national health spending over the next decade compared with projections before the law was passed, according to government figures set to be released Thursday.
The report by federal number-crunchers casts fresh doubt on DemocratsÂ’ argument that the health-care law would curb the sharp increase in costs over the long term, the second setback this week for one of the partyÂ’s biggest legislative achievements. Â…
Regardless of the health law, national health spending has been rising in recent years and economists expect that to continue. In February, the federal Centers for Medicare and Medicaid Services projected that overall national health spending would increase an average of 6.1% a year over the next decade.
The centerÂ’s economists recalculated the numbers in light of the health bill and now project that the increase will average 6.3% a year, according to a report in the journal Health Affairs. Total U.S. health spending will reach $4.6 trillion by 2019, accounting for nearly one of every five U.S. dollars spent, the report says.
“The overall net impact is moderate,” said lead author Andrea Sisko, an economist at the Medicare agency. “The underlying impacts on coverage and financing are more pronounced.”