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WASHINGTON — Even as his health care law divided the nation, President Obama’s first term saw historically low growth in health costs, government experts said in a new report Monday.
While the White House sees hard-won vindication, it’s too early to say if the four-year trend that continued through 2012 is a lasting turnaround that Obama can claim as part of his legacy.
For the second year in a row, the US economy grew faster in 2012 than did national health care spending, according to nonpartisan economic experts at the Centers for Medicare and Medicaid Services.
That’s an important statistic. In most years, health care spending grows more rapidly than the economy, like bills that rise faster than your paycheck.