According to a new federal report, health care spending grew 5.3 percent last year to $3 trillion. This jump in medical costs was fueled by rapid growth in specialty drug spending coupled with the expansion of insurance coverage under the Affordable Care Act. Even though millions more Americans gained health coverage in 2014, overall spending growth stayed well below the trend seen prior to health care reform. Read more here.
Last Updated on May 7, 2020 by Aimed Alliance
