Health Spending: Expect Scrutiny Of Health Prices As Spending Continues Upward
Growth rate is considerably higher than projected growth for the U.S. economy overall On average, national spending on health care is expected to see an annual growth rate of around 7.5 percent in the decade from 2004 through 2014.The rate will propel total U.S. health spending from $1.8 trillion in 2004 to $3.6 trillion in 2014, or from a 15.3 percent share of the national gross domestic product in 2003 to an 18.7 percent portion in 2014. So says the annual national health expenditure projection just released by the Centers for...
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