Health Services Spending Growing Faster Than Personal Consumption Expenditures
January 6, 2016
The third estimate of Gross Domestic Product for the third quarter indicates growth in health services spending is maintaining a disproportionate share of still slow growth. Over the four quarters, growth in health services spending accounted for one fifth of GDP growth, devouring more of our budgets. Obamacare is not bending the cost curve.
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