Good News? Recession Slowed Health Care Spending

By: Associated Press
By: Associated Press

WASHINGTON (AP) - It sounds like good news: The recession slowed
the growth of the nation's health care bill to the lowest levels
ever measured.

But a government report says medical costs still gobbled up a
record share of the overall economy, meaning the slowdown did not
change the nation's underlying problem with out-of-control health
care spending.

The numbers crunchers at Medicare's Office of the Actuary said
Americans spent $2.5 trillion on health care in 2009, or $8,086 per
person.

The 4 percent increase from 2008 levels represented the slowest
rate of growth in 50 years of measuring national health care
spending. Much of that was a consequence of people losing jobs that
came with health care benefits.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


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