February 8, 2012

Friends & Families, News

Health Care Spending Is Growing Portion of U.S. and Family Budgets

Cheree Cleghorn | January 6, 2009

News

Wall Street Journal

“Health-care spending grew at its lowest rate in nearly a decade in 2007, but it continued to swallow an ever-bigger portion of U.S. gross domestic product and family budgets, a new federal study shows.

“Restrained by a sharply slower growth in prescription-drug spending, the nation’s health-care tab grew 6.1% to $2.2 trillion, or $7,421 a person. That’s down slightly from the 6.7% growth in 2006, according to the study being published Tuesday in the journal Health Affairs.”

Source: Wall Street Journal, January 6, 2009

Quoted Source: Health Affairs, January 6, 2009

Topics: Friends & Families, News

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