Improvements in Medicare Outlook Reinforce Health Care Spending Slowdown

Today, the Trustees of the Social Security and Medicare trust funds released their annual report on the financial status of the two federal programs. The trustees report an improvement in the outlook for the Medicare Hospital Insurance (HI) Trust Fund, extending expectations of funding from last year’s report an additional four years into 2030. The report also attributes these improved projections in Medicare to lower spending on hospital services: “The improvement in the outlook for HI long-term finances is principally due to lower-than-expected spending in 2013 for most HI service categories, which reduced the base period expenditure level about 1.5 [...] Read More »

The Historic Spending Slowdown & the Consumer Paradox: New Study Explains Two Counter-Intuitive Trends in Health Care

A new report from the health care economics consulting firm Dobson|DaVanzo examines a critical question that has emerged despite the enduring national health care spending slowdown: Why do consumers continue to feel the pinch of higher health care costs at a time of record low growth in national health care spending and pricing? The study, commissioned by the FAH, assesses the latest evidence of two breaking trends — the historic spending and price slowdown that continues to endure, as well as a paradigm shift in health care insurance coverage. Despite official statistics confirming the spending slowdown and mounting evidence that [...] Read More »

Altarum to Host Symposium Exploring US Health Care Spending

Tomorrow, the Altarum Institute will host a Symposium titled “Sustainable US Health Spending: The Quest for Value.” The Altarum Institute is a leading voice for accurate and timely information on critical health care economic issues, and the FAH commends it for hosting this symposium on such an important topic in today’s health care marketplace. The historic slowdown in health care spending is enduring, with the latest data from the BEA showing a decrease in spending in Q1 of -1.4%. Two studies conducted by the independent health economics and policy research firm Dobson | DaVanzo in 2013 and 2014, respectively, show [...] Read More »