Silver Book Fact

Between 2008 and 2018, average annual growth in health spending is projected to be 6.2%. This is 2.1% higher than the annual GDP growth.

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

  • Chronic disease cost $42 trillion in treatment costs and economic output.  
  • The decade-long projection detailed here expects that nearly $0.20 of every $1.00 spent will be devoted to health by 2016.  
  • In 2003, over 162 million cases of seven common chronic diseases (cancer, diabetes, heart disease, hypertension, stroke, mental disorders, pulmonary disorders) were reported in The United States, while only 109…  
  • In 2007, the number of home health care visits was 3,409 per 1,000 Medicare enrollees.  
  • Over 2/5 of Americans age 65 and older who had health care expenses paid at least $1,000 out-of-pocket in 2003.