Editorial: More doom and gloom from the CMS

Modern Healthcare

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The gloomy Guses at the CMS think nothing can stop the upward march of healthcare spending. Why do they presume every strategy for controlling costs will fail?

Their pessimistic view was contained in the latest 10-year projection by the economists in the Office of the Actuary, who predicted healthcare spending will reach 19.4% of gross domestic product in 2027, up from 17.9% in 2017. Growth in actual dollars will average 5.5% over the next decade and exceed nominal economic growth by nearly a full percentage point.