Health care spending in the United States grew 3.7 percent in 2012 to $2.8 trillion, marking the fourth straight year of slowing growth.

That analysis comes from a new report released Monday by the Office of the Actuary at the Centers for Medicare and Medicaid Services.

Though the White House said Monday the trend is thanks to the Patient Protection and Affordable Care Act, economists countered that the law only had a "minimal impact" on the slowdown and attributed the trend mainly to the recession.

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