Health care spending has grown at historically low rates for the past five years...
The growth in Medicare per-enrollee spending was relatively flat
Other key takeaways from the report include:
Nearly 190 million people – or 60 percent of the population – were covered by private health insurance in 2013.
Premiums grew 2.8 percent, compared to an increase of 4 percent in 2012. Low overall enrollment growth, greater usage of high deductible plans and other benefit design changes and the health law’s medical loss ratio and rate review provisions contributed to the decline, CMS found. Private health insurance enrollment increased 0.7 percent last year, the third straight year of growth.
Consumer out-of-pocket spending...
including co-payments and deductibles or payments for services not covered by a consumer’s health insurance, was $339.4 billion in 2013, or 12 percent of national health expenditures. The 2013 growth was down from the 3.6 percent growth in both 2011 and 2012.
Spending for physician and clinical services
grew 3.8 percent in 2013 to $586.7 billion, a slowdown from 2012 when spending grew 4.5 percent. Expenditures for hospital care increased 4.3 percent in 2013, slower than the 5.7 percent rate of growth in 2012. Total spending growth for retail prescription drugs rose 2.5 percent last year, compared to 0.5 percent in 2012. Drug spending growth increased in 2013 for several reasons, among them higher prices for brand-name and specialty drugs.