On June 12, 2024, CMS released national health expenditure projections which run forward to 2032.
- See the press release here.
- Medicare growth rate, including the large aging population, is 7.4% for 2023-2032. It's a bit less by 2030, when the last baby boomer will enroll, and the oldest baby boomers are dying off.
- Medicaid costs, commercial insurance, and physician services all grow circa 5.5%.
- By 2032, health care spending as share of the economy will be 19.7% (20%).
- See downloadable PDFs and charts here.
- See in particular the PPT summary 14 pages here.
- See the paired, open-access article at Health Affairs, Fiore et al., here.
CMS deck. Dalle 3 interprets HA Fiore et al.
