The U.S. will see a “modest” increase in healthcare spending through 2024, but the projected 5.8% annual rate of growth is much lower than the rapid pace seen prior to 2008, according to a new report from the U.S. Centers for Medicare and Medicaid Services (CMS).
The U.S. will see a “modest” increase in healthcare spending through 2024, but the projected 5.8% annual rate of growth is much lower than the rapid pace seen prior to 2008, according to a new report from the U.S. Centers for Medicare and Medicaid Services (CMS).
Increased healthcare expenditures will be driven by economic growth following the recession, rising insurance premiums, and higher cost-sharing in employer-sponsored health insurance plans. The report was published online July 28 in Health Affairs.
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