Sentences with phrase «health spending growth»

OECD warns that «more and bigger» efforts will be needed to contain US health budget to prevent reversal of recent slowdown in health spending growth as economic growth improves

As a result, projected total health spending growth for 2016 - 18 will be largely influenced by an improving economy and increases in disposable income and medical spending.

Analysis by the CMS Office of the Actuary of the past fifty years of National Health Expenditure Accounts data, which explores the relationship between economic and health spending growth, suggests that health spending growth is likely to accelerate once economic conditions improve markedly.

Not exact matches

Fortune ran numbers to calculate how much extra revenue the U.S. would need to raise, over the next decade, if it lowered the rate of growth in Social Security by one percentage point, reduced increases in Medicare, Medicaid, and other health care spending by a proportional amount, and held discretionary spending below growth in GDP (albeit from the higher base established by the new laws).

February's budget promised to hold overall expenditure growth at 1.5 per cent per year and health spending at 2.6 per cent.

We look at economic growth, job creation, consumer spending and the health of the residential real estate market.

Although Duncan believes he can contain growth of health - care spending at 3 % a year, that's less than half the rate observed over the past 15 years.

Spending on health care is expected to outpace GDP growth for at least the next decade.

The Parliamentary Budget Office (PBO), international organizations and we have argued that the federal government is facing a small structural deficit now but that it will increase rapidly after 2015 due to demographic pressures on potential economic growth and health related spending.

Right now, however, «growth in spending on furnishings, as well as several other categories, continue to reach peak levels, supporting our view of the continuing health of the U.S. consumer.»

As a percentage of total spending, Boomers are expected to spend 3.4 % more on health care than their parents did, and through 2060 will contribute to a 1.04 % annual growth rate in this sector by sheer number of new customers alone.

What is emerging is a widening «fiscal divide» between a federal government with its diminished size and sound finances, and provincial governments with growing fiscal imbalances resulting from growing spending pressures (e.g., for health, education, infrastructure) and slowing economic growth and revenue growth.

The vast majority of spending growth over the next decade is the result of rising costs for health care, Social Security, and interest on the debt.

Under that scenario, Social Security, health care, and interest will be responsible for 77 percent of nominal spending growth.

Such analysis is especially important, given the impact of an ageing population on economic growth, and government revenues and spending, especially for public pensions and health care.

If they cut spending, will it be on consumption items, such as health care for the elderly, or on growth - promoting investments, such as education for the young?

The second problem is that in order to get some of its debt absolved, Puerto Rico agreed to impose the harsh austerity measures — reducing education and health spending, for instance — that hurt growth at the same time that thousands are fleeing to the mainland in search of economic opportunity.

In addition, a growing number of commentators, including senior representatives of some institutional investors, have expressed concern about the impact of hedge fund activism, and associated increased debt and cuts in capital spending, on long - term corporate health, innovation, job creation and GDP growth.»

Economic growth in the 1990s, combined with the fiscal prudence induced in the Clinton administration by the health - care debacle of 1993 - 94, brought the spending - income ratio down, so that what seemed prudent in 1992 and now appears to be wildly spendthrift is in fact well within the nation's means.

And as CSL devises new therapies and shows that existing therapies can treat new diseases, and health authorities spend more, its revenues and profits outpace the growth in demand for conventional therapies.

Also an increase in consumer spending on energy drinks and prevalent health awareness trends will drive growth.

Over the past four years, school aid has grown at an average annual rate of 4.4 percent, while the Department of Health's Medicaid program has increased 3.3 percent annually on average.5 To maintain overall growth of about 2 percent per year in total state spending, all other spending growth has been held to only 1.0 percent per year on average.

Stung by the expiration of federal aid intended to help states balance budgets as they seek to recover from the recession that began in 2008, the final budget is also expected to include another cut in local aid to cities and towns and to call for reduced growth in the rate of spending on education and health care, although special education is one of the few areas in which significant investments appear imminent.

The enacted budget held spending growth to 2 % for the sixth consecutive year and the Governor's commitment to spending restraint has led to higher reserves and reliable funding for key State programs, including education and health care.»

We are the only party that will increase health spending in line with growth in the economy at this point, because the Conservatives will still be cutting public spending and Labour won't have balanced the books.

The spending plan calls for two - year appropriations on health care and education, cutting about $ 2 billion with fixed rates of growth.

The report draws on government and trade statistics, academic evidence and economic theory to challenge arguments that the health and social benefits of reducing alcohol consumption are likely to come at a cost to the economy, finding: · Any reduction in employment and income resulting from lower spending on alcohol would be offset by spending on other goods · Econometric analysis of US states suggests that a 10 % decrease in alcohol consumption is associated with a 0.4 % increase in per capita income growth · Lower alcohol consumption could also reduce the economic costs of impaired workplace productivity, alcohol - related sickness, unemployment and premature death, which are estimated to cost the UK # 8 - 11 billion a year The analysis comes at a timely moment, with health groups urging the Chancellor to raise alcohol duty in next month's Budget.

«We tackled the tough ones,» said Cuomo, who said he tamped down the growth of spending on education and health care.

Per the Chamber: «The ads will highlight candidates» positions on issues critical to economic growth and job creation, like domestic energy production, health care and government spending.»

The report said the claims of agency savings would be difficult to achieve, given that government departments have held overall spending growth to 1.3 percent since the cap was begun seven years ago — including rising contractual costs for unionized workers» salaries and health insurance.

Health care reform, to succeed, must not only help more people get coverage but also slow the growth in health costs and speHealth care reform, to succeed, must not only help more people get coverage but also slow the growth in health costs and spehealth costs and spending.

New estimates released from the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS) project that aggregate health care spending in the United States will grow at an average annual rate of 5.8 percent for 2012 - 22, or 1.0 percentage point faster than the expected growth in the gross domestic product (GDP).

The Affordable Care Act is also expected to influence growth rates for the major payers, with a rise in private health insurance spending to 7.7 percent and a decrease in individual out - of - pocket spending by 1.5 percent.

For 2013 health care spending growth is projected to remain under 4 percent because of the sluggish economic recovery, continued increases in cost - sharing requirements for the privately insured, and slow growth for Medicare and Medicaid spending.

As the major provisions of the Affordable Care Act go into effect in 2014, including health care coverage expansions, projected growth in spending is 6.1 percent, compared to 4.5 percent growth without these reforms.

In 2012 prescription drug spending is estimated to have accounted for $ 260.8 billion of national health spending, a decline of 0.8 percent, compared to 2.9 percent growth in 2011.

Private health insurance spending will remain somewhat elevated in 2015 at 6.2 percent primarily because of continued enrollment through the exchanges, through employer - offered coverage, and increased use of medical goods and services spurred by faster economic growth.

«Saving money on medical costs: Slowdown in health care spending growth could save Americans $ 770 billion.»

If the growth in costs remains flat, Cutler said, money companies might otherwise spend on health care could be directed back to workers in the form of increased salaries.

A slowdown in the growth of U.S. health care costs could mean that Americans could save as much as $ 770 billion on Medicare spending over the next decade, Harvard economists say.

She and her colleagues, including senior author Brahmajee Nallamothu, M.D., M.P.H., note that the growth in out - of - pocket costs was 6.5 percent a year, compared to a 5.1 percent growth in health insurance premiums, and a 2.9 percent growth in overall health care spending.

Recent years have seen efforts made to contain further growth in health - care expenditure in the US, with rates falling in line with those of other high - spending OECD countries.»

Growth in health expenditure in the USA slowed dramatically between 2000 and 2011, bringing the growth rate of the country's health budget in line with other high - spending countries, according to new research published in The Lancet as part of a new Series, The health of AmerGrowth in health expenditure in the USA slowed dramatically between 2000 and 2011, bringing the growth rate of the country's health budget in line with other high - spending countries, according to new research published in The Lancet as part of a new Series, The health of Amergrowth rate of the country's health budget in line with other high - spending countries, according to new research published in The Lancet as part of a new Series, The health of Americans.

While the average rate of growth has decreased steadily since the 1970s, Moses says the 18 percent of its gross domestic product (GDP) that the United States spends on health care is 50 to 60 percent higher than any other developed country.

However, because the gains which have been made in reducing health care spending are largely attributable to price dynamics (such as reduced or no growth in physician reimbursement rates, and high use of cheaper generic drugs), the authors warn that any future economic recovery might reverse the progress that has been made in recent years.

Spending on the two programs for 2013 to 2023 is projected to increase at an average rate of 3.7 percent per year, which is slower than the projected growth for private health insurance, despite that Medicare and Medicaid generally serve populations with more illness and health problems.

Such spending is critical to the nation's long - term economic growth, health, and national security.

They analyzed how shares of the U.S. population afflicted with different diseases and conditions and the costs and services used to treat them contributed to growth in average spending on health care, adjusting for inflation.

Of course, slowing or reversing the rise of chronic conditions would be beneficial for the health and well - being of the U.S. population, but by itself it won't put much of a dent in health care spending growth.»

New research from American University Associate Professor Martha Starr and Virginia Tech Research Professor Ana Aizcorbe shows it is the latter, with higher prices for treatment accounting for 70 percent of growth in health care spending.