CMS Office of the Actuary Releases 2018 National Health Expenditures
The Centers for Medicare and Medicaid Services (“CMS”) Office of the Actuary has issued a press release regarding 2018 National Health Expenditures. Total national healthcare spending in 2018 grew 4.6 percent, which was slower than the 5.4 percent overall economic growth (as measured by GDP). As a result, the share of the economy devoted to health spending decreased to 17.7 percent (from 17.9 percent in 2017). To see the full press release, click here.