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Rate of Health Spend Increase in 2008 Was Lowest Since 1960

CMS report says a total of $2.3 trillion was spent on health during 2008, which is an increase of 4.4%

RECENTLY the Centers for Medicare and Medicaid Services (CMS) reported on healthcare spending for 2008. The noteworthy finding was that the rate of increase in health spending fell to 4.4% for 2008. This is the lowest annual rate of increase in health spending since CMS first began officially tracking health expenditures in 1960. In its …

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