Well being care spending in the US reached $4.9 trillion and elevated 7.5 % in 2023, based on a research printed on-line Dec. 18 in Well being Affairs.
Anne B. Martin, from the Facilities for Medicare & Medicaid Providers in Baltimore, and colleagues examined progress in nationwide well being expenditures in 2023.
The researchers discovered that in 2023, well being care spending in the US reached $4.9 trillion and elevated 7.5 %, up from a charge of 4.6 % in 2022. The insured share of the inhabitants reached 92.5 % in 2023, as enrollment in non-public medical insurance elevated strongly for the second 12 months working; non-public medical insurance and Medicare spending each grew sooner than in 2022. Because the COVID-19 public well being emergency ended, spending and enrollment progress slowed for Medicaid. The well being sector’s share of the economic system was 17.6 % in 2023, which was just like 17.4 % in 2022, however decrease than the share in 2020 and 2021 through the top of the pandemic. In contrast with 2022, in 2023, state and native governments accounted for a better share of spending, whereas the federal authorities share was decrease with the decline in COVID-19-related funding and slowing in progress of federal Medicaid spending.
“On average during 2020 to 2023, health care spending and overall economic growth increased 6.6 percent and 6.5 percent per year, respectively,” the authors write. “As a result, the share of the economy devoted to health care in 2023 (17.6 percent) was about the same share as in 2019 (17.5 percent).”
Extra data:
Anne B. Martin et al, Nationwide Well being Expenditures In 2023: Quicker Development As Insurance coverage Protection And Utilization Elevated, Well being Affairs (2024). DOI: 10.1377/hlthaff.2024.01375
Quotation:
U.S. well being care spending reached $4.9 trillion in 2023 (2024, December 27)
retrieved 27 December 2024
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