An analysis by the Altarum Institute's Center for Studying Health Spending revealed health spending growth has averaged 3.9 percent and has not exceeded 4.4 percent from October 2008-January 2011.
In addition, the institute's analysis showed the health spending share of GDP was 17.7 percent in January 2011, up from 16.3 percent at the start of the recession (December 2007) but relatively unchanged from January 2010.
Altarum's analysis is based on its own monthly health spending estimates that combine U.S. Bureau of Economic Analysis National Income and Product Account data and the recently re-benchmarked National Health Expenditure Account data.
In addition, the institute's analysis showed the health spending share of GDP was 17.7 percent in January 2011, up from 16.3 percent at the start of the recession (December 2007) but relatively unchanged from January 2010.
Altarum's analysis is based on its own monthly health spending estimates that combine U.S. Bureau of Economic Analysis National Income and Product Account data and the recently re-benchmarked National Health Expenditure Account data.
Related Articles on Healthcare Spending:
CBO: Federal Healthcare Expenses Set to Double Over Next Decade
20% of Massachusetts Residents on Insurance Plans That Budget Physician Spending
5 Painless Ways to Cut Hospital Costs