Minn. health care spending hit $35B in 2008
The Minnesota Department of Health is reporting that health care spending in the state hit $35 billion in 2008, up from $33 billion in 2007.
Health care spending in Minnesota grew by 5.7 percent in 2008, down from 7.1 percent growth in 2007, but more than a percentage point faster than the U.S. as a whole.
Minnesota spends less on health care per person than the country as a whole. In 2008, per person spending in Minnesota was just over $6,700, compared to just under $7,200 nationally.
The report also projects that health care spending in Minnesota would have doubled in the next 10 years without Minnesota's 2008 health reform law.
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That law aims to significantly slow the growth of health care spending, in part by offering consumers information to help them pick high-quality, low-cost providers.
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Online: The report: http://www.health.state.mn.us/healtheconomics
(Copyright 2010 by The Associated Press. All Rights Reserved.)