Silver Book Fact

By 2017, U.S. health care spending is expected to grow to more than $4.3 trillion and comprise 19.5% of the GDP.

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 2003, national health expenditures were 15.3% of the GDP, compared to 5.1% in 1960.  
  • 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.  
  • Average Out-of-Pocket Spending on Health Care by Medicare Beneficiaries, by Income as a Percent of Federal Poverty Level, 2003  
  • Lost Productivity by Chronic Disease, 2003  
  • People with Chronic Illnesses and Activity Limitations Fill More Prescriptions