National Health Expenditure Projections, 2016-25: Price Increases, Aging Push Sector To 20 Percent Of Economy.
@article{Keehan2017NationalHE, title={National Health Expenditure Projections, 2016-25: Price Increases, Aging Push Sector To 20 Percent Of Economy.}, author={Sean P. Keehan and Devin A. Stone and J. Poisal and Gigi A. Cuckler and Andrea M. Sisko and S. Smith and Andrew J. Madison and Christian J. Wolfe and Joseph M. Lizonitz}, journal={Health affairs}, year={2017}, volume={36 3}, pages={ 553-563 } }
Under current law, national health expenditures are projected to grow at an average annual rate of 5.6 percent for 2016-25 and represent 19.9 percent of gross domestic product by 2025. For 2016, national health expenditure growth is anticipated to have slowed 1.1 percentage points to 4.8 percent, as a result of slower Medicaid and prescription drug spending growth. For the rest of the projection period, faster projected growth in medical prices is partly offset by slower projected growth in the… CONTINUE READING
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