KFF January 18, 2024
The last Centers for Medicare & Medicaid Services (CMS) report pegged national health spending at $4.5 trillion in 2022, and just over 17% of gross domestic product (GDP). That’s actually lower than in earlier government projections, but now CMS actuaries expect the pace of growth to pick up again. KFF’s 2023 employer survey also showed that premiums rose more sharply last year after several years of modest increases. There have always been peaks and valleys in health care costs despite various efforts to rein them in, and cost growth never stays bottled up for long. My colleague Larry Levitt and I called this “The Sad History of Health Care Cost Containment” in a piece we wrote some time ago.
But...
Today's Sponsors
Today's Sponsor