US marks four straight years of slowing health costs

by Ricardo Alonso-Zaldivar

President Barack Obama's health care law has divided the nation, but government experts are saying his first term produced historically low growth in health costs.

A report Monday from nonpartisan experts at the Centers for Medicare and Medicaid Services concluded that 2012 was the fourth straight year the nation's tab grew at a more manageable pace—3.7 percent.

And the U.S. economy grew faster than health care, making it easier to pay the nation's medical bill.

America still spends a whole lot. Health care spending reached $2.8 trillion in 2012. That averages out to $8,915 for every man, woman and child.

While the White House sees vindication, it's too early to say if this is a lasting turnaround that Obama can claim as part of his legacy.

Related Stories

Obama symbolically signs up for Obamacare

date Dec 23, 2013

US President Barack Obama has symbolically signed up for health insurance to promote his own controversial health care reform legislation, a White House official said Monday.

CMS reports on progress toward improved health care

date Mar 05, 2013

(HealthDay)—Considerable progress has already been made toward improving the quality and delivery of health care, according to a Centers for Medicare and Medicaid Services (CMS) bulletin published online ...

America hits the brakes on health care spending

date Jan 09, 2012

Is health-care relief finally in sight? Health spending stabilized as a share of the nation's economy in 2010 after two back-to-back years of historically low growth, the government reported Monday.

Recommended for you

The battle for the bedroom

date 2 hours ago

More and more of us are wishing each other goodnight by mobile phone. Unfortunately this means that we are sleeping increasingly badly. Now sleep researchers in Uppsala are creating an app to make us disconnect ...

Healthcare on (un)equal terms?

date 3 hours ago

Healthcare on equal terms is the basis of good public health. As socially exposed groups find it increasingly difficult to enter the healthcare system, our entire society risks becoming weaker, says Professor ...

Patient portals could widen health disparities

date 4 hours ago

Online sites that offer secure access to one's medical record, often referred to as patient portals, are increasingly important for doctor and patient communication and routine access to health care information. But patient ...

User comments

Adjust slider to filter visible comments by rank

Display comments: newest first

freethinking
Jan 06, 2014
non partisan my foot. Health care costs have soared. More lying from Progressives....

Question is no longer when does a progressive lie, but when doesn't a progressive lie.

Obama lied.
freethinking
Jan 06, 2014
For all you who voted for Obama to get Obamacare, thanks a lot. My premiums went up tremendously and my coverage went down. If you voted for Obamacare and you work for a company that provides healthcare.... just wait till the end of this year...... Unless you work for a government privileged company, you too will find you will lose your insurance and your doctors.

And for those that voted for Obama to get healthcare.... stupid is as stupid is..... did you get any yet? If you did, do you realize it covers next to nothing?

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.