Categories: Health

How Much is Health Spending Expected to Grow?

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An up to date chart collection explores historic and projected tendencies in well being spending, with a have a look at expansion in prescription drug spending, out-of-pocket spending, and similar tendencies.

Well being spending slowed in 2021, following an acceleration in 2020 due most commonly to govt spending on public well being and different pandemic aid. Annual expansion in consistent with capita well being spending fell to two.6% in 2021 from 9.9% in 2020. Well being spending is projected to go back to an annual expansion charge of four.8% between 2022 and 2031, because the intake of well being care products and services (usage) rebounds and well being sector costs develop because of inflation.

The research displayed on this chart assortment makes use of 2021 Nationwide Well being Expenditure (NHE) projections from federal actuaries. Those and different analyses will also be discovered at the Peterson-KFF Health System Tracker, a knowledge hub devoted to tracking and assessing the efficiency of the U.S. well being machine.

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