Becker's Healthcare December 6, 2019
National healthcare spending hit a record $3.6 trillion in 2018, which equates to roughly $11,172 per person, according to an analysis from CMS’ Office of the Actuary published in Health Affairs.
Here are seven quick things to know about healthcare spending in 2018:
1. National healthcare spending grew 4.6 percent in 2018, slightly faster than 2017’s 4.2 percent growth.
2. CMS primarily attributes this accelerated growth in spending to increases in the cost of health insurance, stemming from the reinstatement of the health insurance tax after a one-year hiatus. Spending growth was on par with 2016, when the tax was in effect, according to the report.
3. Faster growth in medical prices also contributed to spending growth. Medical prices accelerated...