National health spending slowed down in 2016
Americans spent $3.36 trillion on health care in 2016, a 4.8% increase from 2015, according to the latest spending projections from the Centers for Medicare and Medicaid Services.
Although last year's growth rate in health care expenses was lower than the 5.8% increase in 2015, it was still more than double the broader U.S. inflation rate of 2.1%, according to the report from the agency's Office of the Actuary. That indicates health care costs have moderated broadly during the Obamacare years, but health care continues to eat up more of the U.S. economy. Read on for some of the other important stats from the report.