Pace Of Health Care Cost Increases Falls To A 54 Year Low

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Pace of Health Care Cost Increases Falls to a 54-Year Low

“The share of the economy devoted to health care, which appeared to be growing inexorably for decades, has been the same since 2009…. Spending for health care in 2013 averaged $9,255 a person … Health spending grew at about the same pace as the economy and accounted for 17.4 percent of the gross domestic product, which reflects the total output of goods and services.” (The New York Times; subscription may be required)