A New Study Highlights that U. S. Expected to Spend $2.6 Trillion Less than Estimated on Health Care
On Tuesday, the Federal health officials said they plan to speed up their efforts in motivating young adults who are uninsured to sign up for health coverage on the Affordable Care Act exchanges. Often, young people avoid getting health insurance coverage because of the cost factor or as they think they do not require it.
A new study says that the forecast of spending on national health care under President Obama's health law was an overestimated by $2.6 trillion for the five-year period.
The plan of Center for Medicare and Medicaid Services (CMS) officials is to target the consumers who are between the ages of 18 to 34 in a manner that will reach, appeal and motivate the younger people better.
It is CMS that handles the enrollment for thirty eight U. S states which do not run their own consumer health exchanges. In these states, the residents use the federal Healthcare. gov exchange for coverage.
Sylvia Burwell, Department of Health and Human Services Secretary said, "We're at a time when there's rapid change that will lead to better health care for everyone."
Burwell says making the coverage more reasonably priced and appealing to the young adults requires some changes.