NEW YORK, Dec 18 (Reuters) -
U.S. healthcare spending rose by 7.5% in 2023 from 4.6% the
year prior to reach $4.9 trillion, driven by increased use of
medical services and as enrollment climbed for private health
plans, particularly in plans under the Affordable Care Act, the
federal government's Centers for Medicare and Medicaid Services
said in a report on Wednesday.
The agency, which oversees Medicare plans for people aged 65
and older or with disabilities, said that healthcare spending
outpaced U.S. economic growth. It rose by an inflation-adjusted
4.4% compared witth gross domestic product growth of 2.9% in
2023, the report said.