What is the projected average annual growth rate of National Health Expenditures between 2019 and 2028?

The projected average annual growth rate of National Health Expenditures (NHE) between 2019 and 2028 is estimated to be 5.2%. This figure reflects a range of factors influencing health care spending in the United States, including population aging, advances in medical technology, and the rising prevalence of chronic diseases, which collectively contribute to increased demand for healthcare services. Economic trends and policy changes also play a role in shaping these expenditures. Understanding this projection is crucial for grasping the broader context of healthcare funding, budgeting, and economic forecasting in the U.S. It highlights the expected financial pressures on both public and private sectors in relation to healthcare, which is significant for policymakers, healthcare providers, and consumers alike.