Silver Book Fact

U.S. health care spending is expected to grow 6.7% in 2007, and remain near the same rate through 2017.

Centers for Medicare and Medicaid Services. National Health Expenditure Projections 2007-2017. U.S. Department of Health and Human Services; 2008. http://www.cms.hhs.gov/NationalHealthExpendData/Downloads/proj2007.pdf

Reference

Title
National Health Expenditure Projections 2007-2017
Publisher
U.S. Department of Health and Human Services
Publication Date
2008
Authors
Centers for Medicare and Medicaid Services
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • In 1998, the care given to people with chronic conditions accounted for 78% of health care spending–Now they account for 85%.  
  • From 2008 to 2016, Medicare growth is expected to average 7.6% per year, and represent 20.9% of total national health care expenditures towards the end of the projection period.  
  • In 2007, growth in national health spending is projected to decelerate slightly to 6.6%, while spending growth among private payers and Medicaid accelerates.  
  • Chronic Diseases are the Leading Causes of Death in the U.S.  
  • In 2004, nursing home and home health care cost the nation $158.4 billion.