Levels, Growth, And Semantics: The Role Of Prices In Driving Health Care Spending Michael E. Chernew April 9, 2026

https://www.healthaffairs.org/content/forefront/levels-growth-and-semantics-role-prices-driving-health-care-spending?utm_campaign=forefront&utm_medium=email&_hsenc=p2ANqtz--wF4D973jcuOvCtlEuc_ST4-vUeeQpBx8xiJkdKvtju5VFrs2vCUwt89J4x0Uvw0Wc-HGW98v__wQxqdJYMixmVb_VWw&_hsmi=416613978&utm_source=well%20read Chernew examines how differing definitions of price and quantity shape conclusions about health spending, finding that recent growth in national health expenditures reflects volume and mix effects more than rising prices.