The Healthcare Future
According to CMS’s own data, the growth rate of health costs didn’t start moderating in recent years — it’s been cooling off since 2002.
It’s no coincidence that 2002 was also the year that employers started embracing high-deductible health insurance plans for their workforces. The plans really took off in the mid-2000s. Between 2006 and 2011, the share of American workers enrolled in one more than quadrupled, from 3 percent to 13 percent.
Is this, then, the future of healthcare? Mm. The hardest words for any pundit, even one whose auidence is about the size of a large family (e.g. this guy), to say is I don’t know. But, seriously, I don’t know. Only time will tell.