Health Spending Growth Rate Expected to Slow for 2016

The Hill: “The growth in private sector U.S. healthcare spending is expected to slow next year, but continues to rise at a rate above the rest of the economy, according to a new report.”

“The report from PricewaterhouseCoopers projects that private sector healthcare spending will grow by 6.5 percent in 2016. That is a slight reduction from the 6.8 percent growth that was projected for this year, and down from around 10 percent in 2008.”

“Still, healthcare costs continue to grow faster than the rest of the economy, raising concerns about the future. Health spending is currently at 17.4 percent of the economy. ”

 

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