The cost of medical care for people in employer-sponsored health plans rose at an annualized rate of 3.8 percent in the first quarter of 2011, according to the Thomson Reuters Healthcare Spending Index for Private Insurance.

A year earlier, in the period ending with the first quarter of 2010, the rate was 6.3 percent.

The index, which measures historical and current levels of per capita healthcare spending for people with employer-sponsored coverage, provides a benchmark measure of healthcare inflation.

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