Over the last five years, growth in US health-care spending has slowed dramatically. If that trend continues, America’s fiscal position would strengthen significantly, because the two main government health-care programs, Medicare and Medicaid, are the largest contributors to the long-term federal budget deficit.
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BERKELEY – Over the last five years, the growth of health-care spending in the United States has slowed dramatically – to the lowest rate in the past 50 years. The slowdown is not a surprise. It is a predictable result of the recession and slow recovery that have left millions of Americans without health insurance and dampened household spending.