In 2023, household expenditure on health insurance in the US stood at $4.01 thousand. Forecast data from 2024 to 2028 shows a steady year-on-year increase: 2.67% in 2025, 2.60% in 2026, 2.53% in 2027, and 2.47% in 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected at 2.57%, indicating a consistent rise in health insurance costs.
Future trends to watch include potential policy changes under various government administrations, the impact of economic conditions on household purchasing power, and emerging health technologies that may influence healthcare demands and insurance premiums.
