National health spending is expected to grow 5.4% annually over the next decade

The Centers for Medicare and Medicaid Services projects that over 2022-2031, average annual growth in National Health Expenditures of 5.4% will outpace average annual growth in gross domestic product of 4.6%, resulting in an increase in the health spending share of GDP from 18.3% in 2021 to 19.6% in 2031.

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