After years of decline, medical spending is finally starting to tick up, according to a new report.
After years of contraction due largely to the economic downturn, growth in medical spending is expected to accelerate next year—albeit slowly—according to a recent report from PwC's Health Research Institute. The modest increase in medical costs is nothing like the double-digit jumps seen prerecession but does signal that consumers may finally be starting to seek out care they put off during tough times.
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—Jamie Hartford, managing editor, MD+DI