US well being care spending in 2022 – Healthcare Economist

It seems that well being care spending as a share of GDP has leveled off. Whereas reaching shut to twenty% of GDP in the course of the pandemic, 2022 had well being care spending (17.3% of GDP) extra in keeping with pre-pandemic norms. Hartman et al. (2023) stories:

Well being care spending within the US grew 4.1 % to succeed in $4.5 trillion in 2022, which was nonetheless a quicker charge of development than the rise of three.2 % in 2021 however was a lot slower than the speed of 10.6 % seen in 2020. In 2022, robust Medicaid and personal medical health insurance spending development, together with a turnaround within the internet price of insurance coverage, was considerably offset by continued declines in federal spending related to the COVID-19 pandemic. The insured share of the inhabitants reached a historic excessive of 92.0 % in 2022 as enrollment in non-public medical health insurance elevated at a quicker charge relative to 2021 and Medicaid enrollment continued to expertise robust development. The share of the economic system accounted for by the well being sector was 17.3 % in 2022, which was down from a peak of 19.5 % in 2020 however was extra per the common share of 17.5 % throughout 2016–19.

Pharmaceutical spending as a share of complete well being care spending has been comparatively fixed at round 9% all through the previous 7 years.

You possibly can learn extra fascinating statistics within the full article right here.