(Bloomberg) Nancy Beigel has known since September that she would need hernia surgery. She couldnt afford it on her $11,000 yearly income until she became eligible for Medicaid in January through President Barack Obamas signature health care law.
The law is prompting Beigel and others to spend more at the doctors office and pharmacy. Consumer spending climbed by $20.4 billion at an annualized rate adjusted for inflation in February, and $13 billion of the increase came from outlays on health services spurred by the Affordable Care Act of 2010, according to Commerce Department data.
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