Article Publication Date:
This report finds U.S. health care spending increased rapidly in response to the pandemic. This was primarily driven by increased federal spending, including financial assistance to providers to make up for lost revenue through the Provider Relief Fund and the Paycheck Protection Program, and increased federal public health spending including spending for vaccine development, COVID testing, and health facility preparedness. As a result, growth in federal government spending on health care has increased by 36% in 2020.
Populations:Advocates; Aging/Older Adults
CMS Media Relations
Short URL: http://www.advancingstates.org/node/73295