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|September 17, 2012 at 08:34 AM
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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.
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