The nation’s expenditures on health care in 2009 grew by 4 percent, the smallest increase in at least a half-century, according to new federal figures that suggest Americans stinted on medical services as they lost jobs and insurance in the recent recession.
Although health insurance premiums rose slightly faster than they did a year earlier, overall spending on private health insurance decelerated as the number of people with such coverage fell by 6.3 million. And the out-of-pocket amount Americans spent on health care barely increased, the figures show.
On the other hand, spending on Medicaid soared – by 9 percent, compared with less than 5 percent in 2008 – as more people qualified for the public insurance program for the poor.
Taken together, the figures, contained in a report released Wednesday by the Department of Health and Human Services, indicate that the severe recession that ended in mid-2009 left a quicker and deeper imprint on the health-care landscape than did other recent economic downturns.
‘Job losses caused many people to lose employer-sponsored health insurance and, in some cases, to forgo health-care services they could not afford,’ according to the report by economists and statisticians at HHS’s Centers for Medicare and Medicaid Services. Compiled annually […]