Posted by Michael Wonder on 08 Mar 2019
Next phase in effective cost control in health care
7 March 2019 - There is some good news on cost control in the United States.
In 2017, the last year for which data are available, health care expenditures were 17.9% of gross domestic product. This is similar to the 2010 level of 17.3% when the Affordable Care Act (ACA) was signed into law. On April 22, 2010, one month after enactment of the ACA, the US Department of Health and Human Services’ Office of the Actuary released a report.
Actual spending has been much better than the official estimates from the Office of the Actuary.
