ACA likely to lead to more healthcare spending

Healthcare experts believe that medical spending, which accounts for approximately 18 percent of the nation's gross domestic product, will grow 1.2 percentage points faster than the economy during the next 20 years, due in part to the Affordable Care Act, the New York Times reported. Although healthcare reform is designed to remove waste from the healthcare system, experts say it will lead to more spending now that millions of people are newly insured. Read the full article at FierceHealthPayer

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