Healthcare Spending Expected to Increase as Share of Economy
The Affordable Care Act continues to
influence health spending growth and consumers’ out-of-pocket medical
costs are also increasing.National
health spending, including Medicare, medical price growth and
prescription drugs, is expected to grow over the next decade, but at a
rate lower than the average of the last two decades.The national health spending is projected to increase at an average rate of 5.8 percent per year from 2015-2025. The
Affordable Care Act continues to keep overall health spending growth
at a modest level and at a lower growth rate than the previous two
decades. This progress is occurring while also helping more Americans
get coverage, often for the first time. More info here.
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