Office of the Actuary Projects National Health Spending to Grow an Average of 5.4% Annually Over the Next Decade
June 14, 2023 | |
Office of the Actuary Projects National Health Spending to Grow an Average of 5.4% Annually Over the Next Decade
The Centers for Medicare & Medicaid Services (CMS) Office of the Actuary released (press release; Health Affairs Article) projections of National Health Expenditures (NHE) and health insurance enrollment for 2022-2031. CMS projects annual NHE to grow an average of 5.4% annually over this timeframe, outpacing 4.6% average annual growth in gross domestic product (GDP). As a result, health spending as… (Testa, June 14, 2023) #Costs, #COVID-19, #Hospitals, #Insurance Coverage, #Physicians
