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Growth in U.S. Health Spending Continues at Historically Slow Rate, Despite Improved Economy

Article

New federal estimates show that U.S. health spending growth continued to grow at a historically low rate in 2012 even as the economy rebounded.

New federal estimates show that U.S. health spending growth continued to grow at a historically low rate in 2012 even as the economy rebounded.

The overall economy grew significantly faster than healthcare spending, which declined as a share of the nation's gross domestic product to 17.2% from 17.3% the prior year.

In the fourth straight year of slow growth, national health spending in 2012 increased 3.7%, while the overall economy, continuing its rebound from the Great Recession, grew 4.6%, according to newly released estimates by economists and statisticians at the CMS.

Read the full story here: http://bit.ly/1bNzqg6

Source: Modern Healthcare

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