CMS: Private insurance spending to increase in 2023, 2024; slow in 2025 onward

(By Rylee Wilson for Becker’s Hospital Review)

CMS is projecting a 7.7 percent increase in private health insurance spending in 2023, driven by an increase in utilization and rising prices of medical care.

According to a report from CMS published June 14 in Health Affairs, per enrollee spending is expected to rise by 6.8 percent in 2023. Continue reading here…

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