US health spending rises at slowest rate since 1960BMJ 2014; 349 doi: https://doi.org/10.1136/bmj.g7534 (Published 08 December 2014) Cite this as: BMJ 2014;349:g7534
- Michael McCarthy
Healthcare spending in the United States grew last year at the lowest rate since records of the nation’s health expenditure began in 1960, a new analysis shows.
The analysis, conducted by the Office of the Actuary at the Centers for Medicare and Medicaid Services,1 found that US healthcare spending increased by 3.6% in 2013 to reach $2.9 trillion (£1.85trn; €2.35trn), equal to $9255 a person. The study was published online on 3 December by the journal Health Affairs.
The 2013 rate was 0.5% lower than the 4.1% rate seen in 2012 and was consistent with a trend of slow growth in healthcare spending that has persisted in the US since the 2009 recession, during which time rates have ranged from 3.6% to 4.1%. …