Modern Healthcare February 15, 2017
National healthcare spending is projected to grow 5.6% annually over the next decade, according to a CMS report published Wednesday by Health Affairs.
The new numbers affirm previous projections from government economists that spending growth would accelerate because of insurance expansion under the Affordable Care Act, an aging population and expensive new drugs.
The study does not, however, take into account the uncertainty the Trump administration brings to the healthcare sector and how the GOP’s plans to eliminate major ACA provisions like premium subsidies and Medicaid expansion might affect spending. “The scope, timing, and impact of such possible changes on health spending and health insurance coverage are all uncertain at this time,” the authors wrote.
Republicans in Congress have struggled...
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