Are we successfully bending the healthcare cost curve?

quote:

---

Growth in Health Spending Exceeds 4%, Driven by Prescription Drugs
SEPTEMBER 18, 2014
ANN ARBOR, MI— Health spending in July 2014 grew 4.3% over July 2013, bringing the year-to-date increase to 4.4%. This is well above the 3.6% growth rate estimated for 2013 by the Centers for Medicare & Medicaid Services and, with further acceleration expected in the final two quarters, puts 2014 on track to be the first year since 2008 in which growth has exceeded 4%. The primary driver of this increase is spending on prescription drugs, which grew by 11% in July, the fifth consecutive month of double digit growth. Growth in spending on health care services (as opposed to goods) has remained below 4%.

---