News Headlines Article

Healthcare spending growth expected to pick up this year to 5.6%
Modern Healthcare

The economy’s lackluster recovery eroded wages and left millions chronically unemployed. It also offered significant relief from the fiscal distress of U.S. health spending. Now, spending fueled by the improving economy and the healthcare reform law’s insurance and Medicaid expansions are likely to turn that around.

Health expenditures grew 3.6% last year, with the delayed and soft recovery a primary cause, according to projections by CMS actuaries published online by the journal Health Affairs.