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Tag: health spending


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Health share of GDP to hit 19.4% by 2027, report says

February 22, 2019HME News Staff

WASHINGTON - National health expenditure growth is expected to average 5.5% annually from 2018-2027, reaching nearly $6 trillion by 2027, according to a report published by the Office of the Actuary at CMS.Growth in national health spending is projected to be faster than projected growth in gross domestic product by 0.8% over the same period.As a result, health share of GDP is projected to increase from 17.9% in 2017 to 19.4% by 2027, the report says.National health spending over the next decade...

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Health spending slows year over year, CMS study finds

December 7, 2018HME News Staff

WASHINGTON - Overall health spending grew 3.9% in 2017, almost 1% slower than 2016, according to a study conducted by the Office of the Actuary at CMS and published this week by Health Affairs. Medicare spending grew 4.2% in 2017 vs. 4.3% in 2016. Slower growth in fee-for-service Medicare spending (1.4% in 2017 vs. 2.6% in 2016) offset faster growth in Medicare private health plan spending (10% vs. 8.1%). The trends in Medicare FFS and Medicare private health plan spending are attributed, in part,...

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Health spending to hit 19.7% of GDP by 2026, report says

February 16, 2018HME News Staff

WASHINGTON - National health expenditure growth is expected to average 5.5% annually over 2017-2026, according to a report published this week by the Office of the Actuary at CMS.Growth in national health spending is projected to be faster than projected growth in gross domestic product by 1% point during 2017-2026. As a result, health share of GDP is expected to rise from 17.9% in 2016 to 19.7% by 2026, the report says.Drivers of growth: trends in disposable personal income, increases in prices...

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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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