By Monica E. Oss It is rare when a group of actuaries predict that health care spending will decrease. But that is the prediction of a recent report, Breaking The Cost Curve. A group of Deloitte actuaries project a deceleration in health spending, likely creating a US $3.5 trillion “well-being dividend” by 2040. This represents a decrease in spending of approximately $2.1 billion per year for the next 18 years. Prior to the COVID-19 pandemic, the Centers for Medicare and Medicaid (CMS) had projected that health spending would continue to grow at a rate of 5.3% a year, reaching nearly $6.2 trillion by 2028. This would result in health spending of…
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