Healthcare spending in the U.S. is projected to have risen 7.5% in 2023 to $4.8 trillion, federal data showed on Wednesday, outpacing the projected annual gross domestic product growth rate of 6.1%.

Medicare spending is estimated to have surged by 8.4% in 2023, exceeding $1.0 trillion in expenditures, marking an acceleration from the 5.9% growth rate in 2022, according to the Health Affairs ...

Here, health spending’s 5.6% average annual spending growth is expected to keep on outpacing the 4.3% nominal GDP growth rate, landing health spending as 19.7% of the country’s GDP by 2032.

U.S. health expenditures increased 7.5% to $4.8 trillion in 2023, according to preliminary estimates from the Centers for Medicare and Medicaid Services Office of the Actuary.

Statistics from the Census Bureau show that approximately 50 million Americans did not have health insurance in 2009. According to the Centers for Medicare and Medicaid Services total health care ...

For context, total US health care spending was roughly $4.8 trillion in 2023, according to a study published in Health Affairs. The US gross domestic product was just under $28 trillion last year.

CMS expects national health spending to reach $7.7 trillion by 2032, with 2023 expenditures projected to have hit $4.8 trillion and have grown by a rate of 7.5% ...

The $4.3 Trillion Health-Spending ‘Tapeworm ... office emerge with a new report estimating how much the US spent on health-care the year ... at $4.3 trillion, or about $13,000 ...

WASHINGTON—President Trump is expected to release a $4.8 trillion budget Monday that charts a path for a potential second term, proposing steep reductions in social-safety-net programs and ...

For context, total US health care spending was roughly $4.8 trillion in 2023, according to a study published in Health Affairs. The US gross domestic product was just under $28 trillion last year ...