Posted by Michael Wonder on 07 Dec 2018
CMS Office of the Actuary releases 2017 national health expenditures
6 December 2018 - Overall national health spending grew at a rate of 3.9% in 2017, almost 1.0 percentage point slower than growth in 2016, according to a study conducted by the Office of the Actuary at the CMS and published today as a Web First by Health Affairs.
Medicare spending grew at about the same rate in 2017 as in 2016, while Medicaid spending grew at a slower rate in 2017 than in 2016.
According to the report, overall healthcare spending growth slowed in 2017 for the three largest goods and service categories – hospital care, physician and clinical services, and retail prescription drugs.
