Health care expenditure expected to top GDP growth during 2024 to 2033

According to a study, annual increase in national health expenses is expected to be faster than an average GDP (GDP) growth during 2024 to 2033. Published Online in 25 June Health work,

Scene P. from US Centers for Medicare and Medicade Services at Baltimore. Kihan, and colleagues estimated national health expenses from 2024 to 2033.

Authors noted that national health expenditure is estimated to increase 8.2% and 7.1% in 2024 and 2025 respectively, respectively, showing continuous strong growth health care services And the use of goods. Health expenses from 2026 to 2027 are expected to be an average of 5.6%, partially due to the decline in population part with health insurance (2022 inflation reduction acts related to temporary increased market premium tax credit expiry) and partially caused by an exhibited recession in increase in use.

For a complete 2024 to 2033 launch period, the National Health Care Expenditure Grow is expected to increase GDP for GDP (average 5.8% vs. 4.3%), resulting in GDP’s health share to 20.3% by 2033, growing from 17.6% in 2023.

“Although the estimates presented here reflect the current law, future legislative and regulatory health policy changes may have significant impacts. health insurance Coverage, health expenses trends, and related cost-sharing requirements, and they thus can ultimately affect the health stake of GDP by 2033, “the author writes.

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