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US healthcare spending will reach 20% of GDP by 2024, says report

BMJ 2015; 351 doi: https://doi.org/10.1136/bmj.h4204 (Published 03 August 2015) Cite this as: BMJ 2015;351:h4204
  1. Michael McCarthy
  1. 1Seattle

US healthcare spending will grow by an average of 5.8% a year from 2014 through to 2024, rising to $5.4 trillion (£3.46trn; €4.92trn) a year—nearly 20% of the nation’s gross domestic product—says a report by government economists.

The report was prepared by economists and actuaries in the Office of the Actuary at the Centers for Medicare and Medicaid Services, and it appeared in the August issue of …

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