Health care spending in the United States in 2022 grew by more than 4% to a total of $4.5 trillion. Although the rate of growth was higher than the 3.2% increase the previous year, it was much slower than the 10.6% rate in the pandemic year of 2020.
The increase in 2022 reflected strong growth in Medicaid and private health insurance spending that was somewhat offset by continued declines in supplemental funding by the federal government associated with the pandemic. Private health insurance spending, which totals a 29% share, increased by 5.9% in 2022 (to $1.3 trillion), which was slightly slower than the increase of 6.3% in 2021. The U.S. spent $13,493 on health care per person in 2022.
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