March 28, 2022 — Annual spending on dental care in the U.S. is projected to tick up over the next several years, ballooning to $230 billion by 2030, according to a briefing on March 28 from the Office of the Actuary at the U.S. Centers for Medicare and Medicaid Services (CMS).
Though dental expenditures are expected to climb, they are small compared to total health spending, which is projected to inflate to $6.8 trillion by 2030. The data also was published March 28 in Health Affairs.
The CMS Office of the Actuary routinely releases an analysis of how people in the U.S. are expected to spend their healthcare dollars in the coming years based on the current law and trends. As the effects of the COVID-19 pandemic wane, health spending growth is expected to be moderate.
“While there is still considerable uncertainty around the COVID-19 pandemic, its related health and economic impacts are projected to lessen in the next few years,” John Poisal, deputy director for CMS’ National Health Statistics Group, said. “From 2025 onward, we expect economic and demographic factors to reemerge as the most influential drivers of health sector spending trends.”
Source: U.S. dental spending forecast to hit $230B by 2030 / Dr.Bicuspid