Join Health Affairs on Wednesday January 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 this week, 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.
To kick off the new year, we are offering podcast videos of A Health Podyssey. Subscribe to our YouTube channel to never miss out. Also, let us know what you think about the videos by emailing us at [email protected].
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
