Silver Book Fact

The health care portion of the gross domestic product (GDP) grew from 15.9% in 2007 to 16.2% 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

  • Impact of family caregiving on individual health
    Family caregivers commonly experience poor health and are at increased risk for heart disease, poor immune function, fatigue, depression, and more.  
  • In 2003, Medicare beneficiaries in fair or poor health had the highest average out-of-pocket health care costs of the health status groups, both in dollars and % of income ($4,000…  
  • Increases in Prevalence and Treatment Intensity of Chronic Disease are Responsible for About Two-Thirds of the Increase in Health Care Costs Over the Past Two Decades  
  • Over 2/5 of Americans age 65 and older who had health care expenses paid at least $1,000 out-of-pocket in 2003.  
  • In 2003, the U.S. spent $1.7 trillion on health, an average of $5,671 per person.