Medscape December 3, 2020
Healthcare spending in 2020 is on course to not only be lower than in 2019, but lower than ever recorded, according to an analysis of available data by Kaiser Family Foundation (KFF) experts.
Although the decrease in spending is expected to be modest, this would be the first outright drop in spending on patient care since records started being kept in the 1960s, KFF President Drew Altman noted in a column accompanying the new report.
The decreased spending may have come at the expense of health, Altman added. “We do not know what share of the spending and utilization skipped or delayed because of COVID-19 was necessary or unnecessary. There was a decline in cancer screenings and visits to manage...
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