Managed Care
Disease
Management

Health Expenditures Ease a Bit; Drugs Lead Cost-of-Care Increase

MANAGED CARE August 1999. © MediMedia USA
News and Commentary

Health Expenditures Ease a Bit; Drugs Lead Cost-of-Care Increase

MANAGED CARE August 1999. ©1999 MediMedia USA

Thanks to lower-than-anticipated spending for Medicare, national health expenses will grow more slowly in the coming decade than previously thought. Still, the nation's health care bill is expected to double to nearly $2.2 trillion by 2008.$2.2 trillion by 2008.

The Health Care Financing Administration predicts that Medicare spending will rise only 4.5 percent from 1997 to 2000, in comparison to its previous 5.1-percent forecast. The feds credit the improvement to their antifraud campaign and to the Balanced Budget Act.

Private-sector spending is expected to grow more quickly — 7.3 percent, up from last year's prediction of 6.7 percent. Insurance premiums and prescription-drug costs were cited.

See chart: Health expenses rise, but more gently

Meetings

Medical Devices Summit Boston, MA February 19–20, 2015
3rd Annual Summit to Improve Adherence and Enhance Patient Engagement Philadelphia, PA March 9–10, 2015
Value-Added Solutions for Enhanced Customer Experience Philadelphia, PA March 9, 2015