Congressional Budget Office Healthcare Reports of Interest

Ten [10] Aggregated CBO Reports

By Staff ReportersIntegration

Courtesy of Healthcare Town Hall:

 

 

 

 

 

Assessment

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One Response

  1. Healthcare Spending Growth Lowest in Decades: [CMS]

    Healthcare spending in the U.S. grew 4.4% in 2008 to $2.3 trillion, the slowest rate of growth in nearly 50 years, the CMS recently reported. Spending growth was down from 6% in 2007, as spending slowed for nearly all goods and services, particularly for hospitals, according to the report, “Health spending at a historic low in 2008,” published in the journal Health Affairs.

    The economic downturn significantly affected healthcare spending, resulting in more Americans going without care. The recession also made it more difficult for people to afford private insurance. Private insurance benefits and premiums in 2008 grew at their slowest rate since 1967, while public programs such as Medicare and Medicaid grew 6.5%, the same rate as in 2007. Retail prescription-drug spending slowed to 3.2% in 2008 from 4.5% in 2007, reflecting a decline of per-capita use of prescription medications.

    Source: Jennifer Lubell, Modern Healthcare [1/5/10]

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