Has the cost curve bent?

The answer may be ‘yes’ according to recent figures from the CMS Office of the Actuary (OACT). For the fourth consecutive year, growth in health care spending remained low, increasing by 3.7 percent in 2012 to $2.8 trillion. At the same time, the share of the economy devoted to health fell slightly (from 17.3 percent to 17.2 percent) as…