You are the news now

THE NEWS COMMENTER

VOTE  (0)  (0)

U.S. health spending recovers after two slow years: CMS

Added 12-07-19 05:10:03am EST - “(This Dec. 5 story corrects first paragraph to say growth was slower not decline...” - Reuters.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Reuters.com: “U.S. health spending recovers after two slow years: CMS”. Below is an excerpt from the article.

(This Dec. 5 story corrects first paragraph to say growth was slower not declined in previous years, removes reference to projected spending in eighth paragraph)

(Reuters) - U.S. healthcare spending grew faster in 2018 after two slower growth years, a government health agency reported on Thursday.

The total national health expenditures last year grew 4.6% to $3.6 trillion, or $11,172 per person, boosted by faster growth in private health insurance and government-sponsored health insurance programs, the U.S. Centers for Medicare and Medicaid Services (CMS) said.

The federal government and households were the largest sponsors, each contributing 28% to the total spending in the year.

Increased net costs drove up private health insurance spending by 5.8% to $1.2 trillion in 2018, faster than the 4.9% growth in the year before.

Read more...

If you don't see any comments yet, congrats! You get first comment. Be nice and have fun.

CLICK TO SHARE

BACK TO THE HOME-PAGE