A new report suggests health care spending is on the rise – just not as fast as the administration says it is.

National health spending in March 2014 grew 7.1 percent over March 2013, according to a report out from the Altarum Institute.

That’s about 3 percent less than the 10 percent figure the Obama administration touted last month. The Obama administration used that figure from the Bureau of Economic Analysis, saying it’s proof that the Patient Protection and Affordable is working and helping the health care industry.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.