Silver Book Fact

The health share of the GDP is projected to rise from 16.2% in 2007 to 17.6% in 2009. It is then projected to climb to 20.3% by 2018.

Sisko A, Truffer C, Smith S, Keehan S, et al. Health Spending Projections Through 2018: Recession Effects Add Uncertainty to the Outlook. Health Aff. 2009; https://www.healthaffairs.org/doi/10.1377/hlthaff.28.2.w346

Reference

Title
Health Spending Projections Through 2018: Recession Effects Add Uncertainty to the Outlook
Publication
Health Aff
Publication Date
2009
Authors
Sisko A, Truffer C, Smith S, Keehan S, et al
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • In 1999, nearly 40% of caregiving children were assisting parents who were age 85 or older, compared to about 34% in 1994. Nearly 13% of caregiving children were age 65…  
  • In 2005, 133 million people had at least one chronic condition. The number will increase to 157 million by 2020.  
  • Certified home care providers charge the most of any home health aides, averaging $36.22 per hour (a 17% increase over 2005). Non-certified but licensed providers charge an average of $22.15…  
  • Hospital spending accounted for 31% of all money spent on health care in 2005, which was the largest share of overall health spending.  
  • Older Adults Are More Likely to Have Chronic Conditions, but Americans of All Ages are Affected