[H]ealth care prices are actually growing at the slowest pace they have in decades, according to charts from the Council of Economic Advisers.That doesn't mean, as Sarah Kliff points out in this story, that the U.S. doesn't have insanely high healthcare costs. A day in the hospital in the U.S. averages $4,932; in Spain, it's $481. But slower increasing costs of healthcare, combined with slower increasing healthcare spending, is undeniably good news. It doesn't mean that we don't need more healthcare reform to put our costs more in line with the rest of the developed world, but it could reflect well on Obamacare. And if lawmakers start feeling good about what they achieved with that law, they'll be less frightened of further reform.
This chart shows both how quickly health care prices are going up—and how quickly the price of everything else is increasing. And since about 2010, both have been growing at nearly the same rate. Health care prices grew 0.9 percent since between January and March of this year, which the White House says is the slowest rate of growth in 50 years.
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