December 27, 2023 - The latest data on U.S. health spending are now available on the Health Spending Explorer, an interactive tool that allows users to explore trends in health spending by federal and local governments, insurers, nursing care, hospital, and other service providers, and consumers.

The tool captures just-released 2022 data from the federal government, when national health expenditures totaled nearly $4.5 trillion. Overall spending rose 4.1% in 2022, with almost all categories of health spending experiencing growth. This rise was muted by lower federal public health spending related to the pandemic. Meanwhile, consumers’ out-of-pocket costs rose 6.6%, a large but less dramatic increase than in 2021.

The tool allows users to build and download custom charts, with spending broken out for hospitals, nursing care, prescription drugs, and more and other services and payments broken out for Medicare, Medicaid and CHIP, private insurance, and consumers’ out-of-pocket costs. 

The data are based on the latest national health spending report from actuaries at the Centers for Medicare & Medicaid Services, covering the years from 1960 through 2021. Custom-made charts can be easily shared through social media and email.
 
In addition to the interactive, the new data is also reflected in an updated chart collection on changes to U.S. healthcare spending over time. The KFF-Peterson Health System Tracker is an online information hub dedicated to monitoring and assessing the performance of the U.S. health system.
Source: KFF