tci Medicare Compliance & Reimbursement - 2019 Issue 5

Industry Note: Aging Boomers Projected to Impact Medicare Spending Significantly

Federal healthcare spending will add a hefty chunk to the Gross Domestic Product (GDP), a new CMS report suggests. Between 2018 and 2027, the feds anticipate that national health expenditure growth will “average 5.5 percent annually ... reaching nearly $6.0 trillion by 2027,” says a CMS Office of the Actuary release. The health spending growth will sail past the GDP by 0.08 percent during that time period, with “the health share of GDP to rise from 17.9 percent in 2017 to 19.4 percent by 2027,” the CMS report notes. Why? Two...

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