CMS: Health Spending Growth Slowed In ’10, But Will Be Nearly 20% Of GDP By 2020
This article was originally published in The Gray Sheet
Executive Summary
U.S. health care spending growth remained at historic lows in 2010, but CMS actuaries expect spending to pick up in the next several years as the economy recovers. By 2020, health care spending will take on a 19.8% share of the nation’s gross domestic product, up from 17.6% last year, according to a July 28 analysis.