Healthcare Spending Trend to Accelerate, Says CMS
The fate of PPACA stands in the balance awaiting a Supreme Court decision expected later this month that could strike down all or part of the law. Keehan and his team of economists and actuaries said the projections could be affected by changes in the healthcare reform law, as well as in the economy.
As a percentage of the gross domestic product, CMS projects national health spending to grow to 19.6% in 2021, up from 17.9% in 2010. In addition, federal, state and local spending is projected to account for almost 50% of national health spending versus 46% in 2011.
The CMS health spending projections appear in Health Affairs.
Margaret Dick Tocknell is a reporter/editor with HealthLeaders Media.
- As Medicare Advantage Cuts Loom, Disagreement Over Program's Stability
- Medicare Advantage Carriers See 'No Choice' But to Accept Cuts
- Physicians to Appeal 'Docs v. Glocks' Ruling in FL
- Centralizing the Revenue Cycle Protects the Bottom Line
- CA Fines 8 Hospitals for Medical Errors
- 3 Management Lessons from a Supermarket Debacle
- Doctors Feel Pressure to Accept Risk-based Reimbursement
- Employers Weigh Risks, Benefits of Private Exchanges
- Surgical Checklists Unused in 10% of Hospitals, CMS Data Shows
- Revenue Cycles Get a Boost from Simple JPEG Files