Unusual respite from surging health care costs - 13 WTHR Indianapolis

Unusual respite from surging health care costs

Posted: Updated:
WASHINGTON -

The government says Americans kept health care spending in check for three consecutive years.

It's an unusual respite, since health care usually surges ahead of overall economic growth.

Will the relief linger? That's not clear. It could fade if jobs come roaring back as the economy recovers.

The nation's health care tab stood at $2.7 trillion in 2011, the latest year available, nonpartisan number crunchers with the Health and Human Services Department said Monday.

That's 17.9 percent of the economy, or $8,680 for every man, woman and child, far more than any economically advanced country spends.

Still, it was the third straight year of historically low increases.

The 3.9 percent rise meant that health care costs grew in line with the overall economy, which is considered affordable.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Flooding prompts travel advisories in North Central Indiana

    Flooding prompts travel advisories in North Central Indiana

    Friday, August 22 2014 3:13 PM EDT2014-08-22 19:13:32 GMT
    Doppler Radar estimates over nine inches of rain fell across Blackford County. Flooding is still a big concern for parts of central Indiana, especially northeast of Indianapolis.More >>
    Doppler Radar estimates over nine inches of rain fell across Blackford County. Flooding is still a big concern for parts of central Indiana, especially northeast of Indianapolis.More >>
  • Family records every day in daughter's first year

    Family records every day in daughter's first year

    Tuesday, August 19 2014 6:37 PM EDT2014-08-19 22:37:23 GMT
    An Indiana family didn't want to forget a single moment in their daughter's first year of life - so they recorded it.More >>
    An Indiana family didn't want to forget a single moment in their daughter's first year of life - so they recorded it.More >>
  • 5-year-old boy's bathtub death under investigation

    5-year-old boy's bathtub death under investigation

    Friday, August 22 2014 6:57 AM EDT2014-08-22 10:57:08 GMT
    State police say an investigation is underway into the death of a 5-year-old Indiana boy who reportedly was found not breathing in a bathtub.More >>
    State police say an investigation is underway into the death of a 5-year-old Indiana boy who reportedly was found not breathing in a bathtub.More >>
Powered by WorldNow