First Federal Government Report on Spending Post-Health Reform
Projects Moderate Impact of the Affordable Care Act on Overall Health Spending
Bethesda, MD – U.S. health spending is projected to reach nearly $4.6 trillion by 2019, growing at an average annual rate over the next decade of 6.3 percent, according to economists at the Centers for Medicare and Medicaid Services (CMS). By 2019, health care is projected to account for nearly one of every five U.S. dollars spent, or about 19.6 percent of the gross domestic product, 0.3 percentage points higher than anticipated before reform. The projections are reported today in a Web First article in the journal Health Affairs. This national health spending report updates the earlier projections that focused on 2009 to 2019 (released online by Health Affairs on February 4, 2010) and builds in the impact of health reform.