Health Affairs December 9, 2019
As outlined in this Health Affairs article, the Centers for Medicare and Medicaid Services (CMS) Office of the Actuary released new data showing that national spending reached a total of $3.6 trillion in 2018, or $11,172 per person. This burden is not shared equally: in 2018, households and the federal government had the highest share of total health care spending with each accounting for 28 percent of health care spending. This was followed by private businesses (20 percent), state and local government (17 percent), and other private revenues (7 percent). Health spending increased by 4.6 percent in 2018 (a 0.4 percentage point increase over the growth rate in 2017), and health spending accounted for 17.7 percent of the overall economy...
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