National Health Expenditures 2022 Highlights
12/18/23 at 04:00 AM
National Health Expenditures 2022 Highlights
CMS Fact Sheet, 12/13/23
U.S. health care spending grew 4.1% to reach $4.5 trillion in 2022, faster than the increase of 3.2% in 2021, but much slower than the rate of 10.6% in 2020. The growth in 2022 reflected strong growth in Medicaid and private health insurance spending that was somewhat offset by continued declines in supplemental funding by the federal government associated with the COVID-19 pandemic.