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Axios
Axios
Health

New normal for health care spending

Data: "National Health Expenditure Projections, 2021–30: Growth To Moderate As COVID-19 Impacts Wane," Poisal et al., 2022; Table: Will Chase/Axios

U.S. health care spending is likely to grow at about the rate of inflation over the rest of the decade after the pandemic fueled a nearly 10% jump between 2019 and 2020, federal experts said Monday.

The big picture: The CMS actuaries' projections in Health Affairs came with plenty of caveats. But if trends hold, out-of-pocket spending is going up, as is spending on private coverage, Medicare and Medicaid.

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