Health Care Spending Growth Is Slow For Third Straight Year: Report

Health Care Spending Growth Is Slow For Third Straight Year: Report: "U.S. health care spending rose at the lowest rates in more than half a century between 2009 and 2011, according to a report issued by federal auditors Monday.

The federal government, state governments, businesses and households combined to spend $2.7 trillion in 2011, an increase of 3.9 percent over 2010. The increase is the same rate at which health care spending grew in 2009 and 2010, according to the report, which was authored by the Centers for Medicare and Medicaid Services' nonpartisan Office of the Actuary and published in the journal Health Affairs. Health care spending made up 17.9 percent of gross domestic product in 2011, the same as during 2010. Economic growth and health care spending grew at about the same rate, the report says."

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