Health care spending as a share of GDP rises to 17.7%

In a paper by Martin et al. (2020) in Health Affairs, CMS’s Office of the Actuary (OACT) has its annual health care spending estimates for 2019. They found that health care spending in the US was $3.8 trillion in 2019, and increase of 4.7%. The share of the economy dedicated to health care rose slightly, …

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