Move to generic drugs slows rise in health care costs; sector's share of the economy grows too
Health care continued to take up a greater share of the economy in 2007, as spending on hospitals, doctors and other services increased 6.1 percent to $2.2 trillion. There was a silver lining in the numbers the government reported Monday: The increase in health spending was the smallest since 1998, thanks largely to the growing use of generic drugs. Officials worry that devoting more resources to health care makes it harder for families to meet other priorities and for businesses to... Full Story
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