Gov't forecasts rising health care inflation

A new government forecast says the nation's respite from troublesome health care inflation is ending.

Projections released Wednesday by nonpartisan experts with the Health and Human Services department say the pace of health care spending will pick up again in 2015 and beyond.

That's going to create challenges for President Barack Obama's successor in the White House.

The report from the Office of the Actuary projects that will grow by an average of 6 percent a year from 2015-2023, an increase from five consecutive years of annual growth below 4 percent.

Economic recovery, an aging society, and more people with health coverage are driving the trend.

The United States will spend more than $3 trillion on health care this year, far above any other economically advanced country.

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Sep 03, 2014
This year 2014 had a record increase in health care costs and a record loss of the number of people with insurance..... cause.....Democrats and Obamacare.

Thank you all who voted Democrat..... all I can say is just wait, if your health care hasn't been affected yet, you will be and you deserved it as you voted Democrat.

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