Silver Book Fact

Health care spending exceeded 15% U.S. GDP in 2004 ($1.9 trillion) and is expected to increase to as much as 20% by 2015.

Redberg, Rita F. Evidence, Appropriateness, And Technology Assessment In Cardiology: A case study Of computed tomography. Health Aff. 2007; 26(1): 86-95. https://www.healthaffairs.org/doi/10.1377/hlthaff.26.1.86

Reference

Title
Evidence, Appropriateness, And Technology Assessment In Cardiology: A case study Of computed tomography
Publication
Health Aff
Publisher
Project HOPE
Publication Date
2007
Authors
Redberg, Rita F
Volume & Issue
Volume 26, Issue 1
Pages
86-95
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

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  • Average annual prescription drug costs and sources of payment among noninstitutionalized Medicare enrollees age 65 and over, 1992-2004  
  • In 2007, Medicare spending grew 7.2% to $431.2 billion.  
  • Total hospital spending growth is expected to stay an average of 2% higher than GDP growth between 2006 and 2015.  
  • The health share of the GDP is expected to reach 19.5% by 2017.