Friday, July 29, 2011

Government to Foot Half of Nation's Health Bill

Government to Foot Half of Nation's Health Bill - WSJ.com: Almost half the nation's health-care spending will come from government coffers by 2020, up four percentage points from 2010, according to new federal spending figures to be released Thursday. The data shows how President Barack Obama's 2010 health-overhaul law will reshape who foots the bill for the nation's medical expenses by the end of the decade. Private employers will pay for a slightly smaller portion of the nation's health care because some large employers with low-wage workers are expected to stop offering health insurance.

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