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| 9/10/2010 |
New Survey Shows Healthcare Spending Only Increases Slightly
(Washington, DC) -- New numbers show healthcare reform will only boost the nation's healthcare costs a smidge. The survey conducted by the Centers for Medicare and Medicaid Services found healthcare spending will increase by six-point-three percent a year through 2019. Before the reform, the projection was six-point-one percent a year. Researchers found healthcare costs will reach four-point-six trillion dollars by 2019 that's up from two-point-six trillion dollars in 2010. The Congressional Budget Office expects the law to reduce the federal budget deficit by 143-billion dollars by 2019. However administrative costs to implement the new law will eat up 71-billion dollars. Of those costs, 37-point-seven billion dollars will be used by state governments. The study is published in the journal "Health Affairs." |
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