News Headlines Article

When patients become consumers, health care costs can be tamed
Sacramento Bee

As the nation frets about unaffordable health care costs and ponders which drastic remedies are called for, economists are reporting a surprising finding: Health care is becoming more affordable. The rate of growth in health care expenditures is slowing dramatically. It now is near historical lows, with only 3 percent annual growth between 2009 and 2011 compared with twice that rate in the previous decade. What is going on? And will it continue?