White House Report: Healthcare Spending Growth Rate at Record Low

Healthcare spending growth has hit a record low point following the passage of the Patient Protection and Affordable Care Act’s, according to a recent White House report.

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Since the law’s passage in 2010, real per-capita healthcare spending has grown at an estimated average rate of 1.3 percent, the lowest rate on record for any three-year period, according to the report. Healthcare price inflation has also reached its lowest rate in 50 years, with personal consumption expenditure price indices showing inflation running at only 1 percent year-over-year, the lowest rate seen since January 1962.

 

Read the full article on Becker’s Hospital Review.

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