Silver Book Fact

Growth in national health spending is projected to be 0.4% higher than the GDP. Health spending is expected to grow an average of 2.1% faster per year than GDP, resulting in a health share of GDP that reaches 19.6% by 2016.

Poisal, John A., Christopher Truffler, Sheila Smith, Andrea Sisko, Cathy Cowan, Sean Keehan, Bridget Dickensheets, and National Health Care Expenditures Team. Health Spending Projections Through 2016: Modest changes obscure Part D’s impact. Health Affairs. February 2007; http://content.healthaffairs.org/cgi/content/abstract/hlthaff.26.2.w242

Reference

Title
Health Spending Projections Through 2016: Modest changes obscure Part D’s impact
Publication
Health Affairs
Publication Date
February 2007
Authors
Poisal, John A., Christopher Truffler, Sheila Smith, Andrea Sisko, Cathy Cowan, Sean Keehan, Bridget Dickensheets, and National Health Care Expenditures Team
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • The percentage of recommended care received by Medicare beneficiaries was 3.2% higher than those who did not have health insurance.  
  • 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…  
  • The total annual economic burden of 7 major chronic diseases. including cost of expenditures, will be $4.2 trillion in 2023.  
  • The number of people with chronic conditions exceeded a previous prediction by reaching 125 million in 2000 and will grow to almost 157 million by 2020.  
  • The Number of People with Chronic Condtions is Rapidly Increasing