Health Care Spending Expected to Grow 5.6% Annually to 2025

This article originally appeared here.
Share this content:
Health Care Spending Expected to Grow 5.6% Annually to 2025
Health Care Spending Expected to Grow 5.6% Annually to 2025

THURSDAY, Feb. 16, 2017 (HealthDay News) -- Health care spending is expected to grow at an average annual rate of 5.6 percent from 2016 to 2025, according to a report published online Feb. 15 in Health Affairs.

Sean P. Keehan, from the U.S. Centers for Medicare and Medicaid Services in Baltimore, and colleagues address national health expenditure projections for 2016 to 2025.

The researchers note that for 2016 to 2025, national health expenditures are expected to grow at an annual rate of 5.6 percent; by 2025, expenditures are expected to represent 19.9 percent of the gross domestic product. National health expenditure is expected to have decreased 1.1 percent to 4.8 percent for 2016, resulting from slowing in Medicaid and prescription drug spending growth. Faster projected growth in medical prices is expected to be offset partially by slower projected growth in the use and intensity of medical goods and services for the rest of the projection period, relative to that seen in 2014 to 2016 in association with coverage expansions resulting from the Affordable Care Act. From 2015 to 2025, the insured share of the population is expected to increase from 90.9 to 91.5 percent.

"This analysis finds that under current law and following the recent significant period of transition associated with coverage expansions, health care enrollment and spending trends are projected to revert to being fundamentally driven by changes in economics and demographics," the authors write.

Abstract
Full Text

Share this content:

is free, fast, and customized just for you!




Already a member?

Sign In Now »

Drug Lookup

Browse drugs by: BrandGenericDisease

Trending Activities

All Professions



Sign up for myCME e-newsletters




More in Home

Congress Approves Bill Expanding Private Care for VA Patients

Congress Approves Bill Expanding Private Care for VA ...

New bill would open up access to private doctors for veterans

AAP Recommending Injectable Flu Shot for 2018-19 Flu Season

AAP Recommending Injectable Flu Shot for 2018-19 Flu ...

Children should receive injectable vaccine, which has been shown to be more consistently effective

Neurologists Identify New Type of Vertigo

Neurologists Identify New Type of Vertigo

Long-term prognosis favorable, with improvement of symptoms in more than half of patients