CMS Discussion of National Health Spending in 2014

Feb. 4, 2016
Noon-1:00 p.m. EST


During this webinar, panelists from the Centers for Medicare and Medicaid Services (CMS) discussed their recent findings regarding national health spending. After several years of historically low health spending growth, U.S. health care spending increased 5.3 percent in 2014, to $3.0 trillion. The increase in the number of Americans with insurance due to the coverage expansions under the Affordable Care Act contributed to the increase, as did the introduction of new specialty drugs. Over the next 10 years, CMS projects that spending growth will average 5.8 percent annually, with health spending reaching $5.4 trillion in 2024. Panelists highlighted the factors underlying these trends and projections, which were published in Health Affairs in August 2015 and January 2016.

WEBINAR RESOURCES
 


REGISTRATION FEES
This webinar was free to register.  

WEBINAR PRESENTERS
Joseph Benson, economist, National Health Statistics Group with the Office of the Actuary, CMS
Devin Stone, economist, National Health Statistics Group with the Office of the Actuary, CMS

WEBINAR MODERATOR
Cori Uccello, senior health fellow, American Academy of Actuaries

ABOUT OUR PRESENTERS
Joseph Benson is an economist in the National Health Statistics Group with the Office of the Actuary at CMS. He works primarily on historical and state-based national health spending estimates. He earned a bachelor’s degree in economics from the Johns Hopkins University, and a Master of Business Administration from the Ohio State University.

Devin Stone is an economist with the National Health Statistics Group in the Office of the Actuary at CMS. His research focuses on health care prices, bundled payment demonstrations, and National Health Expenditure Account projections. Devin earned his bachelor’s and master’s degrees in economics at Virginia Polytechnic Institute and State University. 

ABOUT OUR MODERATOR
Cori Uccello is an actuary and the senior health fellow at the American Academy of Actuaries. She serves as the actuarial profession’s chief public policy liaison on health issues. In this role, she promotes the formulation of sound health policy by providing nonpartisan technical assistance to federal and state policymakers and regulators. She focuses on issues related to health insurance financing, coverage and market reforms, risk-sharing provisions, and Medicare.

CONTINUING EDUCATION
The American Academy of Actuaries believes in good faith that your attendance at this live webinar, “CMS Discussion of National Health Spending in 2014,” may constitute an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States, depending upon your area of practice. Under these Qualification Standards, an hour of continuing education is defined as 50 minutes, and fractions of an hour may be counted.

QUESTIONS
  • For more information about this webinar, contact Leiloni Hayward at 202-223-8196 or hayward@actuary.org.