Join Health Affairs next WednesdayJanuary 21 for an exclusive Insider virtual event exploring the latest drug policies with the University of Utah’s Joey Mattingly.
In an ahead-of-print article published today, Micah Hartman and colleagues at the Centers for Medicare and Medicaid Services (CMS) released their 2024 health care spending report.
Key takeaways from the report include:
U.S. health care spending rose 7.2% in 2024 to $5.3 trillion, mirroring 2023’s growth and driven by increased use and intensity of hospital care, physician services, and prescription drugs.
Insurance coverage remained high, with 91.8% of the population insured in 2024, only slightly below the 2023 peak.
Health spending continued to outpace economic growth, increasing health care’s share of the economy from 17.7% in 2023 to 18.0% in 2024.
On January 27, join Health Affairs for a free virtual event with a panel of experts and the outlook for accountable care organizations through the perspectives of current and former policymakers and analysts. Panelists will also discuss current accountable care priorities from the CMS Innovation Center (CMMI).
Moderated by Hope Glassberg, president of Decipher Health Strategies, speakers include:
Hongmai (Mai) Pham, President, Institute for Exceptional Care
Gary Bacher, Chief Strategy Officer, CMMI
Frank McStay, Assistant Research Director, Duke-Margolis Institute for Health Policy
Health Affairs is the leading peer-reviewed journal at the intersection of health, health care, and policy. Published monthly by Project HOPE, the journal is available in print and online.
Project HOPE is a global health and humanitarian organization that places power in the hands of local health care workers to save lives across the globe. Project HOPE has published Health Affairs since 1981.
