Medicaid spending increase expected to exceed GDP growth over next decade

Dive Brief:

• A new HHS Office of the Actuary report on Medicaid projected the program’s expenditures will increase at an average annual rate of 5.7% over the next decade.

• That’s faster growth than the gross domestic product (4.1% predicted annual increase). The report warned Medicaid’s expenditure growth could strain federal and state budgets as the program is expected to grow from 3.1% of GDP in 2016 to 3.7% in 2026.

• HHS forecasted annual per enrollee costs will increase by 4.1% in the same period — slightly slower than 2017, which saw 4.2% growth.

The report analyzed Medicaid...

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