Industry Note:
Aging Boomers Projected to Impact Medicare Spending Significantly
Published on Thu Mar 07, 2019
Federal healthcare spending will add a hefty chunk to the Gross Domestic Product (GDP), a new CMS report suggests. Between 2018 and 2027, the feds anticipate that national health expenditure growth will “average 5.5 percent annually ... reaching nearly $6.0 trillion by 2027,” says a CMS Office of the Actuary release. The health spending growth will sail past the GDP [...]