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

  • Percentage of Health Care Spending for Individuals with Chronic Conditions Varies by Type of Health Insurance  
  • In 2009, half of the adult population in the U.S.—133 million—was living with at least one chronic disease.  
  • 12.1% of noninstitutionalized Americans in 2003 had activity limitations caused by chronic conditions.  
  • Average out-of-pocket health care spending tends to increase with age. Medicare beneficiaries age 65-74 spent $2,920 out-of-pocket in 2003, while beneficiaries age 85 and older spent $4,615.  
  • Absent policy change, the Congressional Budget Office estimates that Medicare spending will grow at an average of 7% each year from 2010 to 2018, rising to $879 billion annually and…