According to the new Congressional Budget Office report, federal health care spending is expected to be 15 percent less than what was initially budgeted for 2012, which will save the government hundreds of billions of dollars. This also marks the fourth year in a row in which health care spending has hit new lows. The poor economy had been credited for most of this, but now the CBO is saying that a significant part of the savings are also the result of the structural changes PPACA mandated on how health care itself is delivered. This addresses a major concern the health insurance industry had with health care reform — that the law did nothing to address the real problem with the cost of health services.

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