Health Spending Rises for Second Year in a Row

A spike in the use of healthcare services and a continued rapid increase in spending on prescription drugs helped push up the nation’s health spending in 2015, but the rate of growth was still lower than historic trends, government economists said. Overall, the United States spent $3.2 trillion on healthcare in 2015, or about $9990 per person, according to economists, who work for the Centers for Medicare & Medicaid Services (CMS). That represents a 5.8% increase in spending from 2014, when spending rose 5.3%. The growth in spending in 2014…

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Ex-Sainsbury’s Chief Predicts Post Brexit Food Price Rises Of 5% – And A Chain Going Bust

We have two predictions today from Justin King, the ex-Sainsbury’s chief executive. One is that food prices are going to rise by some 5% as a result of Brexit and the subsequent fall in the pound. The other is that there’s going to be the collapse of one of the food retailers as a result of pressures upon margins. The problem with these predictions is that it’s entirely possible to see either one happening but it’s very difficult to see both happening at the same time. They’re not quite mutually…

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Stephen Jardine: Food price rises could come with benefits

Forget Trump, the real upset involved changes to Toblerone. This week the manufacturers revealed a new style of bar which will see widened gaps between the distinctive triangular chunks in an effort to reduce the weight while maintaining prices. Normally this would be a so-what moment but Toblerone holds a special place in our hearts. It starts as children when any parent or relative who goes away returns like magic with a bar in their bag. Then we become adults and, thanks to years of exposure to the brand, suddenly…

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