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, Andrea, Christopher Truffer, Sheila Smith, Sean Keehan, Jonathan Cylus, John A. Poisal, M. Kent Clemens, and Joseph Lizonitz. 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, Andrea, Christopher Truffer, Sheila Smith, Sean Keehan, Jonathan Cylus, John A. Poisal, M. Kent Clemens, and Joseph Lizonitz
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • Trends in Informal and Formal Care Among Older Community Residents Receiving Care, 1984-1999  
  • Providing health care for an older American costs 3 to 5 times more than for an individual under age 65. As the population ages, the nation’s health care spending is…  
  • Percent of older adults with a chronic condition
    In 2011, 80% of older adults in the U.S. had one chronic condition. Half had at least two.  
  • The most common chronic diseases are costing the U.S. more than $1 trillion per year– which is expected to increase to $6 trillion by the middle of the century.  
  • Between 2000 and 2030, the number of Americans with 1 or more chronic conditions will increase by 37%–46 million people.