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Getzen Model of Long-Run Medical Cost Trends: Update for 2025
Society of Actuaries
Sept. 27, 2024 "Long-run medical cost increases are estimated at 5.0% per year eventually declining to match the rate of increases in per capita incomes. The component assumptions of long-run medical cost increases are unchanged from last year. The Society of Actuaries Research Institute's Getzen Model Project Oversight Group (POG) expects that there will be greater budgetary resistance and more regulation in the future which will limit the share of total incomes/GDP devoted to medical care." MORE >> |
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