Effective Strategies to Reduce Costs and Utilization in US Healthcare
Our healthcare costs keep increasing much faster than inflation, year after year. According to figures released in December 2019 by the U.S. Department of Health and Human Services (DHHS), the annual growth rate of healthcare spending was 4.6% in 2018, vs. 3.9% in 2017, 4.8% for 2016 and 5.8% for 2015. We spent $3.6 trillion in this area, or 17.8% of GDP.