HA/CMS-U.S. Health Spending Projected To Grow 5.8 Percent Annually
This Health Affairs (subscription required) article on a CMS spending report notes that by 2020, health care spending in the U.S. will account for nearly a fifth of GDP, while expanding insurance coverage to 30 million more Americans. The projections say health spending will grow by an average 5.8 percent a year in the coming years, totally $4.64 trillion in 2020, up from $2.58 trillion in 2010.
To read the hoped for savings from the ACA’s efforts to reform medical payment and delivery systems that CMS did not include in the report click here.
Resource Details
Date: Jul 2011
