Gross Domestic Product

Healthcare costs will climb 7.5% in 2013, report predicts


National healthcare costs could jump 7.5% in 2013, which is a faster pace than rates of inflation and the gross domestic product, a new report finds.

CBO: Federal healthcare spending could double by 2022

Federal spending on Medicare and Medicaid is expected to double by 2022, reaching $1.8 trillion or 7% of the entire economy, according to a new Congressional Budget Office report.