Health Care Expenditure Expected to Top GDP Growth 2024 to 2033
By Elana Gotkine HealthDay Reporter
THURSDAY, July 3, 2025 -- The annual growth in national health spending is expected to be faster than average gross domestic product (GDP) growth during 2024 to 2033, according to a study published online June 25 in Health Affairs.
Sean P. Keehan, from the U.S. Centers for Medicare & Medicaid Services in Baltimore, and colleagues projected national health expenditures for 2024 to 2033.
The authors note that national health expenditures are projected to have increased 8.2 and 7.1 percent in 2024 and 2025, respectively, reflecting continued strong growth in health care services and goods use. Health spending growth is expected to average 5.6 percent during 2026 to 2027, partly due to a decline in the share of the population with health insurance (relating to expiration of the temporary enhanced Marketplace premium tax credits in the 2022 Inflation Reduction Act) and partly due to an anticipated slowdown in utilization growth. For the full 2024 to 2033 projection period, national health care expenditure growth is expected to outpace that of the GDP each year (averaging 5.8 percent versus 4.3 percent), resulting in a health share of GDP that reaches 20.3 percent by 2033, an increase from 17.6 percent in 2023.
"Although the projections presented here reflect current law, future legislative and regulatory health policy changes could have a significant impact on the projections of health insurance coverage, health spending trends, and related cost-sharing requirements, and they thus could ultimately affect the health share of GDP by 2033," the authors write.
Disclaimer: Statistical data in medical articles provide general trends and do not pertain to individuals. Individual factors can vary greatly. Always seek personalized medical advice for individual healthcare decisions.
© 2025 HealthDay. All rights reserved.
Posted July 2025
Read this next
Adenoma Detection Rate of Standard Colonoscopy Declines After Exposure to AI-Assisted Colonoscopy
WEDNESDAY, Aug. 13, 2025 -- Exposure to artificial intelligence (AI)-assisted colonoscopy is associated with a reduction in the adenoma detection rate (ADR) by endoscopists...
Emergency Department 4+ Hour Boarding Reaches 25 Percent During Nonpeak Months
WEDNESDAY, Aug. 13, 2025 -- Nationally, one-fourth of patients admitted to the hospital from the emergency department have to wait four hours or more for a bed during nonpeak...
Personalized Gait Retraining Beneficial for Medial Compartment Knee OA
WEDNESDAY, Aug. 13, 2025 -- For individuals with medial compartment knee osteoarthritis, a personalized foot angle modification may improve pain, reduce knee loading, and slow...
More news resources
- FDA Medwatch Drug Alerts
- Daily MedNews
- News for Health Professionals
- New Drug Approvals
- New Drug Applications
- Drug Shortages
- Clinical Trial Results
- Generic Drug Approvals
Subscribe to our newsletter
Whatever your topic of interest, subscribe to our newsletters to get the best of Drugs.com in your inbox.