Growth In Health Care Spending Remains Low

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"Growth In Health Care Spending Remains Low"

National health expenditures — the total amount America spends on health care, combining both the public and private spheres — grew only 3.8 percent in May, according to a new report. That’s down from 4.2 percent in April, and about as low a growth rate as the country’s seen in the last 20 years. Furthermore, total health care expenditures have stabilized at around 18 percent of the economy since 2009. While it’s difficult to separate the effects of the recession and policy changes, there’s reason to believe the passage of health care reform — with its myriad reforms to how both government and private entities pay for health care — has had something to do with this.

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