National Health Expenditure Projections, 2022–31: Growth To Stabilize Once The COVID-19 Public Health Emergency Ends
As reported in the June 14 Health Affairs article, “National Health Expenditure Projections, 2022–31: Growth To Stabilize Once The COVID-19 Public Health Emergency Ends”, healthcare spending is projected to grow 5.4 percent per year, on average, between 2022 and 2031. Growth in Medicare spending is expected to be 8.0 percent in 2023, with Medicare hospital spending growth anticipated at 11 percent this year due to an increase in volume and intensity growth. Among the major payers, Medicare spending is expected to have the highest rate of growth at 7.8 percent per year from 2025 through 2031, compared to Medicaid expenditures at an average of 5.6 percent growth over 2025 through 2031, and private health insurance spending averaging 5.2...
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