4sight Health January 5, 2022
You know what’s a big number? 9.7 percent is a big number. That’s how much total national health expenditures rose in 2020 due in large part because of federal spending on the COVID-19 pandemic, according to the latest NHE data from CMS. It’s the big number everyone was talking about in mid-December when CMS released the information.
You know what else is a big number? 17.1 percent. I’m not a math major, but I’m pretty sure that 17.1 percent is bigger than 9.7 percent—almost twice as big. But as far as I can tell, no one was talking about that big number in mid-December.
17.1 percent is how much federal spending on Medicare Advantage plans rose in 2020,...