Health Affairs January 14, 2026
Micah Hartman, Anne B. Martin, David Lassman, Aaron Catlin

Abstract

Health care spending in the US reached $5.3 trillion and increased 7.2 percent in 2024, similar to growth of 7.4 percent in 2023, as increased demand for health care influenced this two-year trend. As in 2023, the use and intensity of health care goods and services continued to grow rapidly in 2024, particularly for hospital care, physician and clinical services, and retail prescription drugs. The insured share of the population remained relatively high in 2024, at 91.8 percent, after its peak in 2023 of 92.5 percent. Health care spending growth continued to outpace overall economic growth in 2024, and as a result, the health care share of the economy increased from 17.7 percent in 2023 to 18.0 percent...

Today's Sponsors

Venturous
ZeOmega

Today's Sponsor

Venturous

Continue Reading

 
Topics: Biotechnology, CMS, Congress / White House, Employer, Govt Agencies, Healthcare System, HHS, Insurance, Medical Devices, Patient / Consumer, Pharma, Pharma / Biotech, Pricing / Spending, Provider, Survey / Study, Trends
Related Articles:
The Persistent Rising Tide of U.S. Health Care Spending
Value-Based Payment And Managed Care Will Not Solve The Affordability Crisis
Congress eyes tackling healthcare consolidation
Health insurance CEOs point fingers over soaring health care costs
Around the nation: US healthcare spending hit $5.3T in 2024

Share Article