Saving money on medical costs: Slowdown in health care spending growth could save Americans $770 billion
Tuesday, May 7, 2013 - 05:00
in Health & Medicine
A slowdown in the growth of US health care costs could mean that Americans could save as much as $770 billion on Medicare spending over the next decade, economists say. The slowdown, researchers say, is the result of a decline in the development of new drugs and technologies and increased efficiency in the health care system. If those trends continue, government estimates of health care spending could be off by hundreds of billions.