It probably would surprise you to learn that health-care costs in this country may finally be coming under control.
The truth is that from 2007 to 2010, per-capita health-care spending rose just 1.8 per cent annually. Since then, the annual increase has been a paltry 1.3 per cent.
James Surowiecki SAYS one of the reasons for this trend is the simple fact that people are talking about health-care costs:
The slowdown in spending is due in part to the recession and the tepid recovery—but not as much as you’d think. A recent paper by the Harvard economists David Cutler and ...