# Why Healthcare Costs Are Rising in America: The $9 Trillion Outlook for 2025 and Beyond Page: https://stenobird.com/podcast/health-affairs-this-week-3424387/why-healthcare-costs-are-rising-in-america-the-9-trillion-outlook-for-2025-and-beyond Text version: https://stenobird.com/podcast/health-affairs-this-week-3424387/why-healthcare-costs-are-rising-in-america-the-9-trillion-outlook-for-2025-and-beyond.md Podcast: [Health Affairs This Week](https://stenobird.com/podcast/health-affairs-this-week-3424387) Published: 2026-06-26T04:00:00+00:00 Episode link: https://share.transistor.fm/s/f1d36f9a Audio file: https://media.transistor.fm/f1d36f9a/4953d9f6.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/health-affairs-this-week-3424387/episodes/why-healthcare-costs-are-rising-in-america-the-9-trillion-outlook-for-2025-and-beyond Duration seconds: 1215 ## Resource Health Affairs Publishing ’ s Jeff Byers welcomes Michael Chernew , professor at Harvard Medical School , back to the pod to discuss the recently released National Health Expenditures Projections for 2025–34 from the Office of the Actuary (OACT) at the Centers for Medicare and Medicaid Services (CMS). Related Links: National Health Expenditure Projections, 2025–34: Strong Utilization Growth Initially, Legislative Impacts Later ( Health Affairs ) The NHE Projections Through 2034: Growth Assumptions, Policy Consequences ( Health Affairs Forefront ) Sign up for Health Affairs' free newsletter to catch up on our new articles, podcasts, and events. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/health-affairs-this-week-3424387/episodes/why-healthcare-costs-are-rising-in-america-the-9-trillion-outlook-for-2025-and-beyond/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/health-affairs-this-week-3424387/why-healthcare-costs-are-rising-in-america-the-9-trillion-outlook-for-2025-and-beyond.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.