Growth In National Health Spending Slowed To 4.2% During 2021

Growth in national health spending is projected to have slowed to 4.2% in 2021 from 9.7% in 2020. Aggregate national health spending in 2020 totaled $4.1 trillion. Total health spending is projected to have increased to nearly $4.3 trillion in 2021. Total health spending includes personal health consumption, plus public health activity and investment. By 2030, according to federal national health expenditure (NHE) projections, annual growth in national health spending is expected to average 5.1% over the 2021 to 2030 timeframe, to reach nearly $6.8 trillion by 2030. Although the coronavirus disease 2019 (COVID . . .