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  1. Healthcare Spending Ticked up 4.6% in 2018

    Health spending grew at a rate slower than overall economic growth in 2018, though expenditures were up for major payers thanks in large part to the re-instatement of the Affordable Care Act’s health insurance tax, a new report shows.

    The Centers for Medicare & Medicaid Services (CMS) Office of the Actuary released its 2018 National Health Expenditures report Thursday, which showed national health spending grew by 4.6% last year, while gross domestic product grew by 5.4%. This shrinks healthcare’s segment of the economy from 17.9% in 2017 to 17.7% in 2018, according to the report. Spending did grow at a higher rate than in 2017, however, when spending grew by 4.2%.

    Source: Paige Minemyer, Fierce Healthcare [December 2019]
    via Ann Miller RN MHA


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