HealthLeaders Media December 13, 2023
The growth is in line with pre-pandemic rates; U.S. insured population hits historic high.
KEY TAKEAWAYS
– Medicaid spending increased 9.6% in 2022 after growth of 9.4% in 2021 and 9.3% in 2020.
– The uninsured population declined in 2022 for the third straight year, falling from 28.5 million in 2021 to 26.6 million in 2022.
– Private health insurance spending (5.9% growth)—reached $1.3 trillion in 2022 and accounted for 29% of total health expenditures.
– Medicaid spending (9.6% growth)—reached $805.7 billion in 2022, accounting for 18% of total national health spending.
– Hospital spending (2.2% growth)—reached $1.4 trillion in 2022, representing 30% of overall healthcare spending.
The nation’s healthcare expenditures hit $4.5 trillion in 2022, increasing by 4.1% to...