The slowdown in health care spending as previously reported by researchers just may be here to stay.
A report Tuesday from consulting firm PricewaterhouseCoopers projected lower overall growth in medical costs in 2014, even as millions more newly-insured Americans join the health system under the Patient Protection and Affordable Care Act.
Though a slowdown in health care spending may be good news for the Obama administration, who have been defending their landmark health reform law, some argue that it’s in part due to the weak economy and consumers putting off care.
PwC researchers said that the slowdown is in part due to consumers making spending adjustments. Many are delaying care, using fewer services and choosing less expensive options such as retail clinics, urgent care centers and mobile health devices.