man looking at chalkboard with down arrow labeled economy and up arrow labeled COVID-19 Lower-than-expected spending on personal health care could result in lower medical loss ratios and a resulting higher value for the net cost of insurance than previously projected. (Photo: Shutterstock)

For the first time in six decades, total health spending in the United States was lower in 2020 than in the previous year.

“While spending has recovered somewhat from its pandemic-related decline in the spring, our preliminary estimate is that national health spending in 2020 was 2% lower than in 2019, a decline of about $75.8 billion,” according to a report from the nonprofit organization Altarum.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.