What Health Spending Would Look Like in 2014 Under Obamacare

Published July 29, 2011 3:12pm ET



A new report from federal officials at the Centers for Medicare and Medicaid Services (CMS) says that Obamacare will increase nationwide health care spending. Particularly interesting are the report’s findings for 2014, the year that’s slated for Obamacare’s grand opening (if the overhaul isn’t repealed first). The report predicts that the growth in health care spending in Obamacare’s real first year (2014) would be 8.3 percent, which is more than double the growth in health care spending (3.9 percent) in the year that Obamacare was passed into law (2010). Again, this is the verdict of government officials working within the Obama administration.  

The report breaks down what it predicts will be “a significant acceleration in the national health spending growth rate in 2014 (8.3 percent, compared to 5.5 percent in 2013)”: 

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