24 March 2020 - US national health expenditures are projected to grow at an average annual rate of 5.4% for 2019–28 and to represent 19.7% of gross domestic product by the end of the period.
Price growth for medical goods and services is projected to accelerate, averaging 2.4% per year for 2019–28, which partly reflects faster expected growth in health-sector wages.
Among all major payers, Medicare is expected to experience the fastest spending growth (7.6% per year), largely as a result of having the highest projected enrolment growth.