Managed Healthcare Executive October 31, 2023
Per member spending in private insurance is expected to grow at 6.8% annually due to both utilization and increases in price.
Starting by looking at 1970 to the present and projecting healthcare spending through 2031, CMS actuaries have projected annual changes in health expenditures in nine overall categories: per capita health spending; per capita prescription drug spending; out-of-pocket health spending; per enrollee health spending by payer; total spending on hospitals, physicians and clinics, and retail prescription drugs; per capita out-of-pocket health spending on hospitals, physicians and clinics, and retail prescription drugs; health spending as a percentage of the gross domestic product; U.S. per capita health spending and alternative scenarios; and CMS projections of national health expenditures.
Their estimates show a...
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