9/19/2013

According to a report from government economists, Medicare spending growth declined from 6.2% in 2011 to 4.6% in 2012 despite an increase in enrollment, and may continue to slow down this year. However, growth is expected to accelerate to 6.2% in 2014 and likely will remain high into 2015, according to the study, which was published in Health Affairs. Meanwhile, a Congressional Budget Office report projects national spending on health care will reach 22% of gross domestic product by 2038.

Related Summaries