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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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