Excerpt
Excerpt
If Slow Rate Of Health Care Spending Growth Persists, Projections May Be Off By $770. David Cutler, 2013, Paper. "Despite earlier forecasts to the contrary, US health care spending growth has slowed in the past four years, continuing a trend that began in the early 2000s. In this article we attempt to identify why US health care spending growth has slowed, and we explore the spending implications if the trend continues for the next decade. We find that the 2007–09 recession, a one-time event, accounted for 37 percent of the slowdown between 2003 and 2012. A decline in private insurance..." Link verified August 21, 2014