Silver Book Fact

Nursing home spending reached $138.4 billion in 2008.

Hartman, Micah, Anne Martin, Olivia Nuccio, Aaron Catlin, and the National Health Care Expenditure Accounts Team. Health Spending Growth at a Historic Low in 2008. Health Affairs. January 2010; 29(1): 147-55. http://content.healthaffairs.org/cgi/content/full/29/1/147

Reference

Title
Health Spending Growth at a Historic Low in 2008
Publication
Health Affairs
Publication Date
January 2010
Authors
Hartman, Micah, Anne Martin, Olivia Nuccio, Aaron Catlin, and the National Health Care Expenditure Accounts Team
Volume & Issue
Volume 29, Issue 1
Pages
147-55
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2008, overall spending on hospital services reached $718.4 billion.  
  • By 2017, U.S. health care spending is expected to grow to more than $4.3 trillion and comprise 19.5% of the GDP.  
  • Total health care spending in 2006 is projected to be $2.1 trillion.  
  • Two-Thirds of Medicare Spending is For Beneficiaries with Five or More Chronic Conditions  
  • The health share of the GDP is expected to hold steady in 2006 before it resumes a historical upward trend, reaching 19.6% of GDP by 2016.