Search
 

July health spending growth jumped 4.2%

National health care spending jumped 4.2 percent in July for an increase from the 3.9 percent growth rate in June, according to the September Health Sector Economic Indicators briefs released by Altarum Institutes Center for Sustainable Health Spending.

By Amanda McGrory-Dixon | Updated on September 17, 2012

National health care spending jumped 4.2 percent in July for an increase from the 3.9 percent growth rate in June, according to the September Health Sector Economic Indicators briefs released by Altarum Institute’s Center for Sustainable Health Spending.

This continues to mark a historically moderate trend rate, the briefs find. For 2012, the average rate of spending growth is at 4.3 percent, a decline from the 2011 average of 5.2 percent. This is near the all-time low growth of 3.9 percent in 2010. Health care prices in July 2012 rose 1.9 percent from July 2011; however, they are down from June. Based on a 12-month moving average, price growth has hit the lowest level at any time since January 1999.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.