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US Healthcare Spending in 2022: $4.5 Trillion

January 2, 2024 Blog / Breaking News / economy / expenditures / US Health System

January 2, 2024 According to the federal Centers for Medicare and Medicaid Service (accessed January 2, 2024): "US health care spending grew 4.1 percent to reach $4.5 trillion in 2022, faster than the increase of 3.2 percent in 2021 but much slower than the rate of 10.6 percent in 2020. The growth in 2022 reflected strong growth in Medicaid and private health insurance spending that was somewhat offset by continued declines in supplemental funding by the federal government associated with the COVID-19 pandemic."In a related article published in the journal Health Affairs ("National Health Expenditure Accounts Team. National Health Care…

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