By Evan Sweeny – FierceHealthCare – April 18, 2018
Starting next year, annual Medicare spending is expected to grow by an average of 7% over the next decade, exceeding $1.2 trillion by 2028, according to the Congressional Budget Office. Healthcare costs overall are projected to grow faster than the economy, and spending per enrollee in federal health programs is expected to grow more rapidly in the coming years. Medicare costs account for about half of the outlays for major healthcare programs in 2018, but that proportion is expected to grow to two-thirds by 2028, according to the CBO.
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