Population growth, aging, and price increases for medical goods and services drive many health care costs in the U.S. In any given year, these price increases are related to rising drug costs, using new medical technology, increasing provider rates or other factors.
In response, the Centers for Medicare & Medicaid Services, which tracks health care costs for the federal government, estimates spending on health care is expected to grow 5.5 percent each year through 2026.
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