Medical Economics July 2, 2024
Study projects spending trends across U.S. health care system.
American spending on physician and clinical services could surpass $1 trillion this year, according to a financial forecast published in June.
“National Health Expenditure Projections, 2023-32: Payer Trends Diverge As Pandemic-Related Policies Fade,” said health care spending growth is predicted to outpace the nation’s gross domestic product (GDP) in the next 10 years. Health care spending is projected to account for 19.7% of the GDP by 2032, up from 17.3% last year, according to the figures published in Health Affairs.
The COVID-19 pandemic has had repercussions for the nation’s overall health spending, but those effects will change in coming years, with states redetermining eligibility for Medicaid enrollment and subsidies ending for...
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