CMS Projects U.S. Health Spending Will Reach $8.97 Trillion by 2034 as Insurance Coverage Declines
By
Joyce Frieden
Summary
Health spending in the U.S. is projected to reach $8.97 trillion by 2034, driven primarily by high utilization growth across healthcare services. The percentage of the population with health insurance is expected to decline over the next several years, according to CMS researchers. Medicare physician spending growth will be tempered by a new skin substitute payment rule.
Source
bskyCMS Projects U.S. Health Spending Will Reach $8.97 Trillion by 2034 as Insurance Coverage Declinesmedpagetoday.comKey quotes
· 3 pulledHealth expenditures are expected to reach $8.97 trillion by 2034
The main [cost] drivers are high utilization growth across those services, and notably rapid g
Medicare physician spending growth will be tamped down thanks to skin substitute payment rule
You might also wanna read
Open-Source Analysis Identifies $98.6 Billion in Fixable US Healthcare Waste
This article presents an open-source investigative data journalism project that quantifies fixable waste in the US healthcare system. The an
github.com·3mo ago
Health Insurance Affordability Crisis: Premiums Rising 6% Annually While Wages Lag
The article examines the rising costs of health insurance and questions its value for many Americans. It highlights that family premiums hav
church.substack.com·7mo ago
ACA Health Insurance Premiums Set to Skyrocket in 2026, Forcing Americans to Make Drastic Financial Plans
A West Virginia nonprofit director faces a dramatic increase in her ACA health insurance premium from $479 to $2,800 per month in 2026 due t
npr.org·10mo ago
Americans Face Healthcare Cost Crisis as Insurance Premiums Surge
The article discusses a looming healthcare cost crisis in the United States, with West Virginia at the epicenter of rising insurance premium
ft.com·6mo ago
Employer Healthcare Costs Set to Increase by 9%, Driving Higher Employee Deductions
The article discusses the rising healthcare costs in the United States, particularly for the 154 million Americans who receive health insura
npr.org·9mo ago
Visualizing the $5 Trillion US Healthcare System Through a Sankey Diagram
The article presents a visual representation of the US healthcare system's financial flows using a Sankey diagram styled after Ernst Haeckel
healthisotherpeople.substack.com·6mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.