Healthcare spending trend to accelerate, says CMS
Effective Jul 2, 2012
Published Sep 1, 2012
The lingering effects of the economic recession and a modest growth in personal income are expected to continue to constrain healthcare spending through 2013. But look for a jump in spending as more provisions of the Patient Protection and Affordable Care Act (PPACA) are enacted. U.S. spending on healthcare is expected to increase by an average of only 4% between 2011 and 2013, which is slightly ahead of the historically low 3.8% experienced in 2009. Total national health expenditures for 2013 are estimated at $2.9 trillion.
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