Rising Medical Costs Mean More Rough Times Ahead

Rising Medical Costs Mean More Rough Times Ahead. David Cutler, August 8, 2017, Opinion, "Medical costs are rising again, after recent years of historic lows. As the figure shows, growth rates of real per person medical spending in the past 3 years have averaged 3.4% annually, up from 0.9% in 2011 to 2013. Although the current growth rate is low in a historical context, it exceeds the economy’s growth as a whole. Thus, health costs are expected to reappear on the radar screen of governments, businesses, and households." Link