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Data Bulletin: Tracking Health Care Costs -- Spending Growth Stabilizes at High Rate in 2004
Center for Studying Health System Change
June 21, 2005
Excerpt: The recent slowdown in health care spending growth leveled off in 2004 as health care costs per privately insured American increased 8.2 percent in 2004 -- virtually the same rate of increase as in 2003. Nonetheless, health spending growth continued to outpace overall economic growth by a wide margin -- 2.6 percentage points -- in 2004, despite a robust 5.6 percent increase in the overall U.S. economy as measured by per capita gross domestic product[.]
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