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Tag: growth rate


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CMS: ACA spurs growth in health spending

December 3, 2015HME News Staff

WASHINGTON - Overall national health expenditures grew by 5.3% in 2014, as millions of uninsured Americans gained health coverage through the Affordable Care Act, the CMS Office of the Actuary reported Dec. 2.The report also credits rapidly rising prescription drug costs for the growth.“Still, the rate of growth remains below the level in most years prior to the coverage expansion, while out-of-pocket costs grew at the fifth lowest level on record,” said CMS Acting Administrator Andy...

growth rate, Health expenditures, spending


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CMS: Growth in health spending remains low

January 7, 2014HME News Staff

WASHINGTON - Overall national health expenditures grew at an annual rate of 3.7% in 2012, marking the fourth consecutive year of low growth, the CMS Office of the Actuary reported Jan. 7.Health spending as a share of gross domestic product fell slightly from 17.3% in 2011 to 17.2% in 2012.“For the second straight year, we have seen overall healthcare costs grow slower than the economy as a whole,” said CMS Administrator Marilyn Tavenner in a release. “This is good news. We will...

growth rate, Health expenditures, spending


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Report: Healthcare spending to accelerate in 2014

June 12, 2012HME News Staff

WASHINGTON - U.S. health spending is projected to grow at 4%, on average, for 2011-2013, slightly above the historically low rate of 3.8% in 2009, according to a CMS annual report published online today in Health Affairs.Preliminary data suggest that growth in the use of health services by consumers remained slow in 2011—a pattern that the report's authors expect to continue in 2012-13. As major coverage expansions from the Affordable Care Act begin in 2014, however, health spending is expected...

CMS, growth rate, health spending


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