American Hospital Association December 13, 2023
U.S. health care spending increased 4.1% in 2022, far slower than gross domestic product due to slower spending for hospital and clinical services, the Centers for Medicare & Medicaid Services reported Dec. 13 in Health Affairs. Spending grew 2.2% for hospital care, 2.7% for physician and clinical services and 8.4% for retail prescription drugs. Medicaid spending grew 9.6% due to growth in spending for non-hospital services, while growth in Medicare and private insurance spending slowed to 5.9% and out-of-pocket spending slowed to 6.6%. The number of uninsured individuals declined for the third consecutive year as the...
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