Growth of health care spend­ing slowed last year

The Charlotte Observer - - Front Page - — NEW YORK TIMES

The growth of na­tional health spend­ing, which had surged as mil­lions of Amer­i­cans gained cov­er­age un­der the Af­ford­able Care Act, slowed last year, the Trump ad­min­is­tra­tion said Thurs­day.

U.S. health spend­ing to­taled $ 3.5 tril­lion last year, up 3.9 per­cent from 2016, or about $ 10,740 a per­son. It ac­counted for 17.9 per­cent of the econ­omy, of­fi­cials said.

One pos­si­ble ex­pla­na­tion is that the share of the pop­u­la­tion with health in­sur­ance fell slightly. Also, more peo­ple with in­sur­ance had high-de­ductible plans, which tend to make peo­ple cost-con­scious.

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