Between 1992 and 2006 Medicare spending only increased an average of less than three percent per year in the state according to the New England Journal of Medicine. It is one of the lowest increases during that time period compared to high-increase states such as Florida which averaged around five percent per year.
Items such as hospital beds and sophisticated medical equipment appear to be the primary reason Medicare spending varies greatly in different regions of the country. That’s because doctors typically will spend more where there is more.
Items such as hospital beds and sophisticated medical equipment appear to be the primary reason Medicare spending varies greatly in different regions of the country. That’s because doctors typically will spend more where there is more.
