Here are five highlights:
1. Increased insurance coverage, somewhat attributed to the Affordable Care Act, and a rise in drug costs drove the increase in medical costs.
2. In 2014, 88.8 percent of Americans had health insurance.
3. Hitting $297.7 billion, prescription drug spending increased by 12.2 percent in 2014. This increase may be attributed to more expensive specialty drugs and price increases for other medications.
4. U.S. spending per person on healthcare tallied $9,523 in 2014.
5. With this increase in healthcare spending, it may be challenging to manage healthcare costs in the future.
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