US Health Care Spending in 2013

What is happening with US healthcare spending? A recent Health Affairs article from the National Health Expenditures Accounts Team summarizes the latest trends. In 2013 US health care spending increased 3.6 percent to $2.9 trillion, or $9,255 per person. The share of gross domestic product devoted to health care spending has remained at 17.4 percent…

What’s in store for 2015?

PwC’s Health Research Institute projects what is going to happen to health spending in 2015.  According to their annual report, Medical Cost Trend: Behind the Numbers: At first glance, the health sector [in 2015] appears to be reverting to historical patterns of bouncing back as the nation recovers from the economic doldrums. Whether spending more freely because…

Health care cost rising by almost 10%

Many times I have been asked whether the Affordable Care Act is a good thing.  The 1 sentence answer is: “Yes, because it expands health insurance coverage to more Americans, but no because it adds many layers of regulation and does little to slow cost growth.”  This last point is rearing its ugly head.  Sally Pipes…