The
Centers for Medicare & Medicaid Services recently released a study on
national healthcare expenditure projections. Here are some key findings from
the report:
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Health expenditure growth is expected
to average 5.6% annually through 2025.
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•
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Health spending is projected to outpace
GDP growth by 1.2 percentage points.
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The health spending share of GDP will
rise from 17.8% in 2015 to 19.9% in 2025.
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For 2016, total health spending is
projected to have reached $3.4 trillion.
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By 2025, governments are projected to
finance 47% of national health spending.
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Medicare spending growth is expected
to average 7.1% from 2016-2025.
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Source:
CMS, February 15, 2017
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