December 3, 2014

RAISING OUT-OF-POCKET COSTS COULD HARDLY WORK BETTER:

Health Spending Has Lowest Rate Increase on Record (Kimberly Leonard, Dec. 3, 2014, US News)

The Office of the Actuary at the Centers for Medicare and Medicaid Services presented the findings at a Health Affairs event Wednesday at the National Press Club in the nation's capital. The increase in spending on health care in 2013 was at 3.6 percent, lower than it has ever been since 1960, when the government began tracking the figure. Total spending on health care increased to $2.9 trillion, or $9,255 per person. 

The government researchers found that health care spending slowed by half a percentage point from 2012 to 2013 - a change they attribute to a slower growth in private health insurance and Medicare spending. Slower growth in spending for hospital care, investments in medical structures and equipment, and spending for doctors and clinical care also contributed to the low overall increase, states the Health Affairs report.  

Posted by at December 3, 2014 5:03 PM
  

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