Fierce Healthcare December 13, 2023
The healthcare spending rate has increased 4.1% in 2022 to $4.5 trillion, or $13,493 per person, according to a new report from the Centers for Medicare & Medicaid Services published in Health Affairs.
While already previously revealed by CMS in June, the analysis sheds new light on how, and why, health care spending changed in the U.S. last year.
Notably, the number of uninsured individuals has declined for three straight years with the insured population rate reaching 92%, or 26.6 million individuals uninsured.
“Health care expenditures since 2020 have reflected volatile patterns associated with the COVID-19 pandemic and the federal government’s response to the public health emergency,” said Micah Hartman, a statistician in the CMS Office of the Actuary and...
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