Silver Book Fact

Health care spending exceeded 15% U.S. GDP in 2004 ($1.9 trillion) and is expected to increase to as much as 20% by 2015.

Redberg R. Evidence, Appropriateness, and Technology Assessment in Cardiology: A case study of computed tomography. Health Aff. 2007; 26(1): 86-95. https://www.healthaffairs.org/doi/10.1377/hlthaff.26.1.86

Reference

Title
Evidence, Appropriateness, and Technology Assessment in Cardiology: A case study of computed tomography
Publication
Health Aff
Publisher
Project HOPE
Publication Date
2007
Authors
Redberg R
Volume & Issue
Volume 26, Issue 1
Pages
86-95
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • In 2004, approximately 8% of those 65 and older incurred no prescription drug costs, but close to 24% incurred $2,500 or more that year.  
  • Public-sector spending on health care increased 7.7% in 2005, compared with 7.8% in 2004.  
  • Economic contributions of family caregivers
    Family caregivers contribute an estimated $450 billion each year in economic value.  
  • Chronic diseases are the leading cause of death and disability in the United States–accounting for 70% of all deaths.  
  • Health spending is projected to consistently outpace the gross domestic product (GDP) over the next decade, growing from 16% of the GDP in 2004 to 20% in 2015.