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Healthcare spending reaches all-time high in three decades: 6 statistics

The U.S. Labor Department found healthcare spending increased in August by the largest amount in more than 30 years, according to The Los Angeles Times.

Here are six statistics:

1. Last month, medical treatments' overall cost increased by 1 percent, the largest increase since 1984.

2. Hospital services' cost rallied 1.7 percent last month, the largest increase since October 2015.

4. Prescription medications' average price increased 1.3 percent in August.

5. Over the last year, the average drug price increased 6.4 percent, which is the largest increase in the last two years.

6. Family premiums have risen 20 percent over the last five years.

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