U.S. health care spending seen doubling in 10 years
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U.S. spending on prescription drugs, hospital care and other health services is expected to double to $4.1 trillion over the next decade, up from $2.1 trillion in 2006, a government report released on Wednesday found.
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Every year, without fail, spending for services covered by private health insurance increases. Sometimes health care spending grows slowly, as it did in the mid-1990s during the managed-care boom.
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The cost of providing health care to employees has risen 11.2 per cent this year, according to the results of an authoritative national survey.
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President George W. Bush plans to slow the growth in US health-care spending, which reached $1.7 trillion last year, by making workers more responsible for their medical costs.
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Health plan costs are expected to rise at a slightly faster rate in 2008, after three years of flat growth, according to preliminary results of a new survey.
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Health care costs for employers in the US will increase by and average of 11.3 percent in 2005, according to human resources services firm Hewitt Associates.
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The cost of employer-paid health insurance jumped an average of 11.2 percent in 2004, the fourth straight year of double-digit increases, with both businesses and employees
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Spending on research will more than double this year, with a growing amount coming from the private sector.
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Health care is expected to account for $1 of every $5 spent in the United States in another decade.
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The American health care system, high expenditures and all, is driving innovation for the entire world.
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Health-care costs are expected to rise more than 11 percent for US employers in 2005, the fifth consecutive year of double-digit increases, and little relief is expected in the next five years
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Retirees for a third straight year are paying double-digit increases for healthcare coverage through their former employers, which are shifting a greater
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After years of double-digit cost increases, employers are seeing a significant slowing in the rate of growth in what they pay for employee health insurance.
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The costs of the Medicare and  Medicaid health insurance programs are rising at unsustainable  rates that will force policy makers to adopt major changes to  curb spending, the head of the Congressional Budget Office  warned on Monday.
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Medicare premiums for doctor visits will rise 17 percent next year, the Bush administration said Friday. The &#36;11.60-a-month increase is the largest in the program's 40-year-history.
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The costs of the Medicare and Medicaid health insurance programs are rising at unsustainable rates that will force policy makers to adopt major changes to curb spending, the head of the Congressional Budget Office warned on Monday.
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More than one billion people will be over 60 years old by 2025 and, as populations age, the burden of chronic diseases will increase.