Health Populi March 26, 2020
U.S. health care spending will grow to 20% of the national economy by 2028, forecasted in projections pre-published in the April 2020 issue of Health Affairs, National Health Expenditure (NHE) Projections. 2019-28: Expected Rebound in Prices Drives Rising Spending Growth.
NHE will grow 5.4% in the decade, the model expects.
But…what a difference a pandemic could make on this forecast.
This year, NHE will be $3.8 trillion, growing to $6.2 trillion in 2028. Hospital care spending, the largest single component in national health spending, is estimated at $1.3 trillion in 2020.
These projections are based on “current law,” the team from the CMS Office of the Actuary write, “developed using actuarial and econometric modeling methods in addition...
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