Study indicates big rise in federal healthcare spending
Patient Access Weekly Advisor, February 25, 2009
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A federal study shows that government healthcare spending is expected to increase to $1.191 trillion this year as the recession suppresses private healthcare spending, the Wall Street Journal reports.
The country’s healthcare costs are projected to reach $2.510 trillion overall, a 5.5% increase from 2008, according to the study by economists and actuaries at the Centers for Medicare and Medicaid Services published this week in the journal Health Affairs.
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