2007 National Health Care Spending 6.1% Higher Than 2006

OPEN MINDS Weekly News Wire Strategic Health Care News In 2007 total health care spending was 6.1% higher than 2006 spending, but represents a slowing from the 2006 spending growth rate of 6.7% and is the slowest overall growth rate since 1998. The lower spending growth rate was attributed to lower spending on retail drugs and reduced Medicare spending associated with administering Medicare benefits. Per person health care spending in the United States averaged $7,421, for a total of $2.2 trillion nationwide. However, at the aggregate level, costs for health services and supplies were shared as . . .