Four years after passage of Obamacare, health care system remains in crisis : News

Four years after passage of Obamacare, health care system remains in crisis : News

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CONTROLLING MEDICAL COSTS

Health care spending gobbled up about $2.9 trillion in 2013. By 2023, it is likely to rise to $5.5 trillion, an increase of 90 percent over the decade, according to the Commonwealth Fund.

“There is broad evidence that much of that excess spending is wasteful,” the fund’s report states.

Stuart Guterman, the fund’s executive director, said the United States spends nearly $9,000 a year per person on health care, more than twice as much as either France or Sweden, countries that offer universal health care for its citizens.

“Better care in the end is the best way to get to lower-cost care,” he said.