Health care spending to accelerate, US report says

In this photo taken Sept. 1, 2010, Douglas Holtz-Eakin speaks on Capitol Hill Washington. Health care costs appear to be accelerating again, the government says. That poses a challenge for millions of Americans and the next president as health spending looks set to outpace U.S. economic growth the next 10 years. (AP Photo/Carolyn Kaster) In this photo taken Sept. 1, 2010, Douglas Holtz-Eakin speaks on Capitol Hill Washington. Health care costs appear to be accelerating again, the government says. That poses a challenge for millions of Americans and the next president as health spending looks set to outpace U.S. economic growth the next 10 years. (AP Photo/Carolyn Kaster)

By Associated Press July 29, 2015 1 min read

WASHINGTON (AP) – It’s lasted six years. But now welcome relief from rising U.S. health care costs seems to be winding down.

Health care spending will outpace the nation’s overall economic growth over the next decade, the government forecast on Tuesday. That could be a problem for the next president, not to mention millions of other Americans.

Projections from experts at the Health and Human Services Department cite several reasons, including:

– Expanded insurance coverage under President Barack Obama’s law.

– An aging population.