B Evidence Grade B Graded under review Safe to Cite Aging

19.6%

19.6% -- gdp share for US healthcare spending (2024)

2024  · Centers for Medicare & Medicaid Services

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Attribution: Centers for Medicare & Medicaid Services View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
19.6%
Unit
Percentage
Data Vintage
2024
Entity
US healthcare spending
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
95
Source Trust
50
Citation Chain
60
Independence
30
Methodology
45
Freshness
80
Centers for Medicare & Medicaid Services Primary Tier A
https://www.healthleadersmedia.com/finance/cms-projects-58-healthcare-spending-growth-annually-throu… ↗
Confidence: 59/100 Vintage: 2024 Channel: Cc Extraction
Source Article
CMS Projects 5.8% Healthcare Spending Growth Annually Through 2024
Key drivers for spending growth include an improving economy, an aging population, spiraling drug costs, and coverage expansion under the Patient Protection and Affordable Care Act. Healthcare spending growth will increase by an average of 5.8% annually over the next decade and will consume nearly 2…
Original Research
Centers for Medicare & Medicaid Services · Original study ↗

Projections issued by actuaries at the Centers for Medicare & Medicaid Services.

Methodology documented
Period Value Change
2023 19.3%
2024 (current) 19.6% +1.6%
Channelcommon_crawl
Plain Text
US healthcare spending: 19.6% gdp share. Source: Centers for Medicare & Medicaid Services (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/healthcare-gdp-share-2024
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<blockquote cite="https://lighthousedata.io/data/healthcare-gdp-share-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>19.6%</strong> -- gdp share for US healthcare spending<br><small>Source: Centers for Medicare & Medicaid Services (2024) · <a href="https://lighthousedata.io/data/healthcare-gdp-share-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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