Study: Healthcare Costs on Rise

A new study could pose a challenge to the basic premise of President Barack Obama’s approach to controlling health costs — that spending will come down if doctors don’t give patients as much unnecessary medical care.

The study from the Health Care Cost Institute found that costs rose 3.3 percent in 2010 even though people actually used fewer services in many categories. Spending grew not because there were a lot of unnecessary procedures and treatments but rather because the services themselves got more expensive.

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Source: Politico