Forecast: Out-of-Pocket Health Expenditures in the US

The forecast for out-of-pocket health expenditures in the US shows a gradual decline as a percentage of GDP over the coming years. For 2024, this expenditure is expected to be 1.86% of GDP, slightly decreasing to 1.85% in 2025, 1.84% in 2026, and continuing this trend to 1.83% in 2027 and 2028.

In 2023, these expenditures stood at 1.87% of GDP. The year-on-year variation shows a consistent decline of approximately 0.54% from 2024 to 2025, followed by successive declines around the same percentage till 2028. The last CAGR over the five-year period also indicates a downward trend.

Future trends to watch for include the impact of healthcare policy changes and technological advancements which could further reduce or stabilize out-of-pocket expenditures. Additionally, demographics such as an aging population may impact these trends.