The CMS Office of the Actuary recently released a report estimating that the percentage of Americans lacking health insurance will decline over the next decade. The actuary’s office predicts that in 2025, 8 percent of the U.S. population is expected to be uninsured, down from approximately 11 percent in 2014. Conversely, the actuary’s office expects U.S. health expenditures to increase at an average rate of 5.8 percent from 2015 to 2025. According to the report, this growth leads to projections that the healthcare sector of the U.S. economy will be 20.1 percent at the end of this period, up from 17.5 percent in 2014.
The CMS actuary releases an annual analysis of how Americans are projected to spend their healthcare funds in the next decade. The currently predicted 5.8 percent growth rate is identical to the rate predicted for 2014-2024 in the July 2015 report.
The report was published in the journal of Health Affairs and is available here.