Obamacare and pricey new drugs for hepatitis, cancer and multiple
sclerosis helped drive U.S. health spending to new highs, government
researchers reported Wednesday.
Health spending grew by 5.3 percent to $3
trillion in 2014, experts at the Center for Medicare and Medicaid
Services (CMS) found. That's the biggest growth in five years, but much
of it was to be expected as 17 million people got coverage for health care for the first time in years.
Americans now spend $9,523 per person a year on medical expenses - by far the most among developed countries.
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