health care inflation rate

In the textbook, it says that the presumption is that the health inflation rate will taper off and eventually become a constant. May i know the meaning of “taper off”? Does it mean increasing trend and become a constant gradually or decreasing trend and become a constant gradually? i checked dictionary and it says it means “weaken” but i still cannot get the graph in my mind after checking the dictionary.


I believe it means increasing trend and become a constant gradually. If the year that the ultimate healthcare trend rate (the constant) is pushed back, the PBO increases. This can only be possible if it’s an increasing trend.

It could be either direction - a gradual return towards normal.

Thumbs up to all the non-native English speakers. #respect for taking the exam