Historic slowdown in rise of health care costs reported for 2013

December 4, 2014 3:31 AM

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Historic slowdown in rise of health care costs reported for 2013

WASHINGTON — Health care spending increased 3.6 percent last year, the lowest rate of increase since the amount was first calculated in 1960, federal officials announced Wednesday.

The cost of care reached $2.919 trillion last year, or a spending average of $9,255 per person. The final tally for 2013 was a slowdown from 2012, when spending grew 4.1 percent, and marked the fifth year in a row of low growth, said officials with the federal Centers for Medicare and Medicaid Servi...

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