U.S. Health Spending Recovers After Two Slow Years: CMS

www.oann.com | 5/2/2018 | Staff
(Reuters) – U.S. healthcare spending recovered in 2018 after two consecutive years of decline, a government health agency reported on Thursday.

The total national health expenditures last year grew 4.6% to $3.6 trillion, or $11,172 per person, boosted by faster growth in private health insurance and government-sponsored health insurance programs, the U.S. Centers for Medicare and Medicaid Services (CMS) said.

Government - Households - Sponsors - % - Spending

The federal government and households were the largest sponsors, each contributing 28% to the total spending in the year.

The cost of health as a share of the economy decreased 0.2 points to 17.7% in 2018.

Costs - Health - Insurance - Spending - %

Increased net costs drove up private health insurance spending by 5.8% to $1.2 trillion in 2018, faster than the 4.9% growth in the year before.

Consumers also paid more out-of-pocket for...
(Excerpt) Read more at: www.oann.com
Wake Up To Breaking News!
Hell sometimes looks an awful lot like an office cubicle.
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!