Health Care as a Proportion of GDP Continues to Decline, According to a Recent CMS Report

According to a January 2014 Health Affairs article, growth in health care spending remained low for the fourth year in a row, only “increasing by 3.7 percent in 2012 to $2.8 trillion.” According to the article,”In 2012 the economy continued to modestly improve, and GDP grew faster than health care spending, causing the health spending share of the economy to fall slightly—from 17.3 percent to 17.2 percent.”

Click here to read the Health Affairs article.

Click here to read the full CMS Office of the Actuary Report.