News Headlines Article

Americans slow spending on health care
USA Today - John Fritze

A decades-long boom in spending on doctors, hospitals and drugs slowed in 2008 to its lowest level, even as health care costs accounted for a greater share of the nation’s economy, the federal government said in a report released Tuesday. Health care spending rose 4.4% in 2008 to $2.3 trillion, or $7,681 per person, the smallest increase since the spending was first tracked in 1960, according to the Centers for Medicare and Medicaid Services.