From presidential candidates to the man on the street, healthcare costs are on everybody’s mind. But other than knowing that the U.S. spends more money on healthcare services than any other country in the world or that the cost of medical spending is rising faster than inflation, no one seems to have a fix. A Kaiser Health News article has broken down the problem to seven factors that we all contribute to one way or the other. Find the list here.
The national economy is improving. How do we know? Medicaid spending this year slowed to 2 percent, the smallest since 2006, and state-federal health insurance programs for the poor also slowed according to a report out from the Kaiser Family Foundation. At least that’s the findings in a Kaiser Health News article by Phil Galewitz. While there’s no real agreement on what the numbers actually mean in the long run, states are projecting the slowdown in enrollment to continue in 2013. Spending, however, is expected to increase by 3.8.
HHS Secretary Kathleen Sebelius announced that because of the Affordable Care Act (Obamacare), 5.6 million people in the Medicare Part D “donut hole” saved an average of $657. During the first nine months of 2012, over 20.7 million people with original Medicare received at least one preventive service at no cost to them according to an article here .