Posted on November 15, 2010 18:08
Categories: Legislative and Regulatory Issues
Topics: Spending
An analysis of government data by USA Today found that per capita health care spending on doctors, hospitals, and prescription drugs rose by 2.7 percent in the first half of 2010, a 0.2 percent decrease when adjusted for inflation. The spending reduction includes 1.1 percent decline in hospital spending and 1.6 percent decline in prescription drug spending.
From the article:
Health care spending this year has grown at its slowest rate in a half-century, a sign that people are forgoing medical care during the recession, a USA TODAY analysis of government data finds.
Spending on doctors, hospitals, drugs and other medical care climbed at a 2.7% annual rate per person in the first half of 2010, the smallest increase since the Bureau of Economic Analysis began tracking medical care in 1959.
Full Article: Growth slows in health spending (HTML)
USA Today. (2010). Growth slows in health spending. Cauchon, D.
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