Happy about the countrys shrinking unemployment rate? You have the health care industry to thank. Continue reading
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2012 Likely to Be Fourth Consecutive Year of Historically Low Growth in Health Spending
ANN ARBOR, Mich.–(BUSINESS WIRE)– New data on health spending suggests the nation is in a fourth consecutive year of historically low growth, continuing a trend of roughly 4 percent growth since 2009. Health care spending grew by just 3.9 percent in April 2012 relative to April 2011, down slightly from the 4.0 percent growth rate observed in March 2012. Health care prices in April 2012 were 1.9 percent higher than in April 2011, but this increase has brought price growth barely above its February 2012 14-year low of 1.8 percent. Continue reading