In 2023, the government or compulsory health expenditures in the US stood at $10.50K per capita. The forecasted data for the years 2024 to 2028 suggest a consistent upward trend in per capita health expenditures. From 2024 to 2025, there is a forecasted increase of approximately 3.0%, followed by similar annual growth rates, leading to a compound annual growth rate (CAGR) of about 2.9% over the five-year period from 2024 to 2028.
Future trends to watch for:
- The impact of demographic shifts, such as an aging population, on health expenditure levels.
- Potential policy changes that could influence government spending priorities on healthcare.
- Technological advancements that may drive both cost savings and additional investments in healthcare.
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