Washington - U.S. health care spending in 2009 grew at the slowest rate in 50 years, as the recession and high unemployment caused outlays for nearly all medical goods and services to slow or decline, according to a new government report released Wednesday.
Unlike previous recessions, when spending for health services began to slow some two years after an economic downturn, the effect of the Great Recession was swift and profound on insurers, health care providers and patients in both 2008 and 2009.
Total public and private spending for health services grew by 4 percent to $2.5 trillion, or $8,086 per person in 2009.
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2 comments:
That's because the economy stinks and people can't AFFORD to go to the doctor. Not even a lot of those with insurance because they can't afford the copays.
More proof we don't need Marxist medicine.
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