Expanding Coverage, Aging Population, and Economic Recovery Essay

extemporaneous to pay the high cost of health bearing, featherbed boomers are introduction a Medi explosive charge and Medicaid system that currently serves 100 million Americans. 2015 to 2023, the cost of health care is anticipated to rise by 6%, that is 2% to a greater extent than the past five years. Health care is not expected to overstate as it did in the 1980s and 1990s. The prediction for health care expense in the US this year is beyond $3 trillion. (Alonso-Zaldivar, 2014) Obama parcel out is considered apt(predicate) for the 2% inflated health care cost. Due to the health care mandate, nine million signed up for health care this year and it is projected another eight million will seek health care in 2015. Medicare and Medicaid will drive costs from 2016-2023, with average annual increasesof 7.3 percent and 6.8 percent respectively. For Medicare, its partly due to the retirement of the baby-boom generation, tour Medicaid will see higher use of services by time-wo rn and disabled beneficiaries. (Alonso-Zaldivar, 2014) Despite the out of pocket cost increases due to Medicare cuts, baby boomers will perpetuate the need for health care. The increased health care needs will lead to job opportunities in the medical field. adduceAlonso-Zaldivar, R. (September 14, 2014) Expanding Coverage, Aging Population, and Economic Recovery likely to spur Health Care Inflation Retrieved from http//www.startribune/style/health/273892451.html