AXIOS June 21, 2021
The coronavirus pandemic forced hospitals and patients to delay care — everything from heart procedures and knee replacement surgeries to lab tests and X-rays — but people have been flocking back to their doctors as coronavirus cases wane.
Why it matters: A return to normal levels of care means health care spending is back on the rise, which will continue to strain governmental budgets and people’s paychecks.
By the numbers: Annualized health care spending hit almost $4 trillion this past April, up 32.4% from April 2020, according to an analysis of federal data from the Altarum think tank.
- The pandemic hit health care spending the hardest between March and June of last...
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