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As the first line chart illustrates, the peak of medical trend in the last 18 years was in 2007 when the U.S. Here’s a link to PwC’s 2007 study looking behind the numbers, noting that the 11.9% Take prescriptiondrugs pushing medical trend upward. saw double-digit cost growth of nearly 12%.
Dr. Robert Pearl has recently written about this, and the phenomenon has been a major recurring theme in this Health Populi blog since its inception in 2007 – when I launched this site in the midst of The Great Recession. At this moment, the price of gas at the pump was playing a big role in U.S.
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