Health care spending grew 9.9 percent in the first quarter of 2014,according to the Bureau of Economic Analysis, Business Insider reported, April 30.
The jump is the biggest percent change in health care spending in more than 30 year.
In 1980, health care spending rose 10 percent in the third quarter of the year. The United States is spending more on health care than ever before in history after adjusting for inflation.
Hat tip National Center for Policy Analysis for Health Care Spending Jump 30 Year High
