Lower health increases could spur job growth, analysts say

Detroit Free Press / USA Today, November 21, 2013
Buoyed by a report showing that health care spending has risen by the lowest rate ever recorded, White House officials said Wednesday a continuation of the trend could lead to more jobs and lower-than-expected costs. Reduced health care costs for employers could lead to 200,000 to 400,000 new jobs per year by the second half of the decade, said Jason Furman, the chairman of the Council of Economic Advisers. "If just half the recent slowdown in spending can be sustained, health care spending a decade from now will be $1,400 per person lower," Furman said.

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