KHN Morning Briefing

Summaries of health policy coverage from major news organizations.

Health Care Spending Growth Hits Decade High

In other news, health care stocks have emerged as robust gainers in a resilient U.S. stock market.

USA Today: Health Care Spending Growth Hits 10-Year High
Health care spending rose at the fastest pace in 10 years last quarter, a development that could foreshadow higher costs for consumers this year. Expenses for health care rose at a 5.6% annual rate in the fourth quarter, the Bureau of Economic Analysis said  last week. The jump triggered a sharp upward revision in the government's estimate of consumer spending overall and accounted for nearly a quarter of the economy's 2.6% annualized growth in the last three months of 2013 (Davidson, 3/30).

The Wall Street Journal: Health-Care Stocks Lead From The Front 
This isn't your father's health-care sector. Long embraced by investors seeking to weather market downturns and recessions, the group — comprising drug companies, hospitals and health insurers, among others — has emerged as one of the healthiest gainers in a resilient U.S. stock market (Russolillo, 3/30).

This is part of the KHN Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.