Forefront: Authors discuss the CMS health spending projections
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Monday, March 28, 2022 | The Latest Research, Commentary, And News From Health Affairs
Dear John,

A new Health Affairs paper published today makes annual projections about national health expenditures through 2030.
Health Expenditures 2021–30
A new ahead-of-print article published today features the Centers for Medicare and Medicaid Services (CMS) annual projections of national health expenditures.

John Poisal and colleagues estimate national health spending growth will moderate from 9.7 percent in 2020 to 4.2 percent in 2021 as COVID-19 impacts wane.

They expect the share of gross domestic product devoted to health to decline from 19.7 percent in 2020 to just over 18 percent in the 2022–24 period.

"Although a normalization of health spending and the economy underlie this projection, only time will tell how normal the next decade is," Poisal and colleagues conclude.

Also on national health care spending, revisit the national health expenditures report by Micah Hartman and colleagues, which reveals a nearly 10 percent increase in health spending in 2020 due almost entirely to growing federal expenditures associated with the COVID-19 pandemic.

Looking for more analysis on health care spending and value? Sign up for the Health Spending newsletter to get insights delivered straight to your inbox.

Elsewhere At Health Affairs
Today in Health Affairs Forefront, two articles discuss the newest Centers for Medicare and Medicaid Services (CMS) health spending projections.

Michael Chernew argues that policy changes are needed to improve the value of health care dollars that are spent.

George Miller and coauthors explain that the longest lasting financial impacts of the pandemic may be accelerations of shifts that were already underway.

Daily Digest
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