The CMS' Office of the Actuary told us last week that national healthcare spending growth was expected to remain low for 2013, at least partly because of broad adoption of health plans with high deductibles. The slow growth is certainly good news. But I and others have big concerns about the high-deductible part.
While healthcare anecdotes are a dime a dozen, here's one that illustrates why I'm worried about the growing reliance on patient cost sharing to reduce spending.
My friend's 20-something son recently experienced sharp chest and back pain but was reluctant to seek emergency care because his health plan has a high deductible, and his salary as a hotel worker is modest.