Economists Report Medical Costs Are on the Rise

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Sad news, a rise in medical costs could complicate the Federal Reserve's job to get inflation to 2% or less as it was before the pandemic falling medical costs have helped bring down inflation rates since it peaked in the middle of last year at just over 9%. Now medical costs are on the rise again. The Wall Street Journal is reporting this week that health insurance could see its biggest price increase in more than a decade next year. Economists say the cost of health care is nearly impossible to accurately measure.