iLoveBenefits: Industry News Blog

Health care spending continues its torrid growth

The Altarum Institute released its monthly indicators for the health sector, which found that national health spending in February 2014 grew 6.7 % over a year earlier, the highest rate of growth since the recession started.  A portion of the growth is attributable to newly insured individuals, but much of the acceleration in growth happened in 2013, before coverage took effect.  By January, the health spending share of GDP reached an all-time high of 17.7 percent.

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