By the end of 2023, out-of-pocket healthcare expenditures will reach $519 billion, a jump of 9 percent from 2022. The COVID-19 pandemic caused a pullback in out-of-pocket healthcare expenses, but the report sees that trend ending in 2022, according to a July 25 Kalorama Information news release.
The report cited inflation, government, regulatory and payer actions, as well as business and macroeconomic trends as reasons for the continued growth in expenses.
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