Health-care spending curbed by recession
The total amount that Americans spent on health care grew less than 4 percent per year in 2009 and 2010.
The total amount that Americans spent on health care grew less than 4 percent per year in 2009 and 2010, the slowest annual pace in more than five decades, said the Centers for Medicaid and Medicare Services this week. Job loss, tighter household budgets, and economic fears fueled most of the drop, according to health experts, but the push for accountability by hospitals and health-care providers appeared to reinforce the trend. “The tectonic plates might be beginning to shift,” said Karen Davis of the Commonwealth Fund, a nonprofit research group. “It’s hard to believe everything that’s been tried over the last decade to slow spending wouldn’t be making a difference.”
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Brooklyn vs. the Beckhams: trouble in paradise
In the Spotlight Scion of the Beckham clan and billionaire heiress wife Nicola Peltz staged an elaborate vow renewal – and none of his family were on the guest list
-
August 21 editorial cartoons
Cartoons Thursday's political cartoons include AI-driven water shortages, Sharpie-corrected slavery, and airstrikes on Washington, D.C.
-
Alien: Earth – a 'bold' prequel to the space horror classic
The Week Recommends Set two years before Alien, new Disney show pays 'homage' to the original