Fierce Healthcare December 5, 2019
Paige Minemyer

The Centers for Medicare & Medicaid Services has released its annual report on national health spending.

Health spending grew at a rate slower than overall economic growth in 2018, though expenditures were up for major payers thanks in large part to the reinstatement of the Affordable Care Act’s health insurance tax, a new report shows.

The Centers for Medicare & Medicaid Services (CMS) Office of the Actuary released its 2018 National Health Expenditures report Thursday, which showed national health spending grew by 4.6% last year, while gross domestic product grew by 5.4%.

This shrinks healthcare’s segment of the economy from 17.9% in 2017 to 17.7% in 2018, according to the report. Spending did grow at a higher...

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Topics: CMS, Govt Agencies, Health System / Hospital, Healthcare System, Insurance, Medicaid, Medicare, Patient / Consumer, Payer, Physician, Post-Acute Care, Pricing / Spending, Provider, Trends
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