tci Medicare Compliance & Reimbursement - 2010 Issue 11

Industry News: Obama's Healthcare Reform Will Drive Up Costs

Government economists' report predicts possible rise in public's tab of 1 percent or more over the next decade. The healthcare remake will achieve President Obama's aim of expanding health insurance -- adding 34 million Americans to the coverage rolls -- but at a much higher price than expected. The sweeping healthcare overhaul law will increase the nation's healthcare tab instead of bringing costs down, states a Health and Human Services (HHS) report posted on www.cbsnews.com. The report, scripted by economic experts at the HHS, also found that the law didn't quite measure up to the president's goal...

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