Previously, I posted a chart from the JAMA study “The Anatomy of Health Care in the United States” and noted the recent, unprecedented slowdown in US health care spending. The chart below, from the same study, shows that the vast majority of the slowdown is due to lower use and intensity growth. Price growth remains robust by comparison.
Imagine what we could do if we could bring price growth down even to the level of general inflation, which it exceeds.
