Market Intelligence Reports | March 25, 2016
What Does The U.S. Spend On Long-Term Services & Supports, By Payer?: An OPEN MINDS Market Intelligence Report
The Centers for Medicare and Medicaid Services (CMS) defines long term services and supports (LTSS) as the services and supports used by individuals with functional limitations and chronic illnesses who need assistance to perform routine daily activities. In 2013, spending for long-term services and supports (LTSS) totaled $282.9 billion across all insurers and represented 9.3% of the $2.9 trillion in total national health expenditures. In 2008, LTSS spending was $235.1 and totaled 9.8% of the $2.4 trillion in national health expenditures. Since 2008 there has been a 20% increase in LTSS expenditures. The . . .