Not in health care, according to CMS actuaries. (Link to Report below.)

Over the course of the next decade, annual inflation is expected to grow at 4.3%; health care at 5.6%.

Are you sitting down?

At that pace, by 2032 health care spending will reach $7.7 trillion (20% of GDP), up from just (!) $4.8 trillion last year (17.3% of GDP). 

One of several key drivers ironically, is a projected decrease in what patients themselves spend on drugs as, for example, lower Medicare Out of Pocket limits and drug price negotiations kick in. (What happens when you squeeze one end of a balloon?)

I’ll yield the balance of my 30 Seconds so you can review the Office of the Actuary, National Health Statistics Group, Et al. charts and figures as reported by Health Affairs HERE.

Please scroll down to Exhibit 2 and notice in particular the total expenditures and per enrollee spending for the public and private sectors.

Fascinating, but Oura Ring is signaling an elevated heart rate while writing this!