How Much is Health Spending Expected to Grow? - Takeaways - MDSpire
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What Growth Is Projected for U.S. Health Spending?

  • By

  • Shameek Rakshit

  • Imani Telesford

  • Aubrey Winger

  • Lynne Cotter

  • Juliette Cubanski

  • Matt McGough

  • October 22, 2026

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  • 1

    U.S. health spending is projected to reach $6.0 trillion in 2026, or 18.7% of the economy.

  • 2

    Hospitals are projected to account for the largest share of 2026 health spending, at $1.9 trillion.

  • 3

    Health spending is projected to rise to $9.0 trillion by 2034, exceeding one-fifth of the U.S. economy.

  • 4

    Annual health spending growth is projected at 6.3% in 2026 and 4.7% in 2027.

  • 5

    Medicaid changes, the expiration of enhanced ACA Marketplace premium tax credits, and Medicare drug provisions are projected to moderate spending growth.

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