American Spending on Alternative Medicine Continues to Skyrocket

Posted by admin | Natural Health | Friday 18 September 2009 9:41 pm
Tags:

herbal remedy composite.inline American consumers spent an estimated $34 billion on alternative medicine in 2007. In fact, alternative medicine accounts for over 11 percent of out-of-pocket spending on health care in the United States. This surprising information comes from the first national estimate of dollars spent on alternative medicine in over ten years. The last government estimate of spending on alternative medicine was reported based on a 1997 survey that found spending to be at about $27 billion.
(more…)