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Annual health care spending increased from $1.2 trillion to $2.1 trillion between 1996 and 2013, fueled by a 50% rise in the price of health care services to $583 billion, according to findings recently published in JAMA.
“Although higher spending on health is not inherently bad, policy discussions in the United States often center around ‘bending the health care cost curve,’” Joseph L. Dieleman, PhD, of the Institute for Health Metrics and Evaluation, and colleagues wrote. “Previous research has provided insight into areas of spending growth, but little is known
Original Article: Service price biggest driver of health care spendingNEXT ARTICLE