Silver Book Fact

National health spending is projected to grow 5.8% each year from 2010 through 2020.

Keehan, Sean P., Andrea M. Sisko, Christopher J. Truffer, John A. Poisal, Gigi A. Cuckler, Andrew J. Madison, Joseph M. Lizonitz, and Sheila D. Smith. National Health Spending Projections Through 2020: Economic Recvoery and Reform Drive Faster Spending Growth. Health Affairs. July 2011; doi: 10.1377/hlthaff.2011.0662. http://content.healthaffairs.org/content/early/2011/07/27/hlthaff.2011.0662.abstract

Reference

Title
National Health Spending Projections Through 2020: Economic Recvoery and Reform Drive Faster Spending Growth
Publication
Health Affairs
Publication Date
July 2011
Authors
Keehan, Sean P., Andrea M. Sisko, Christopher J. Truffer, John A. Poisal, Gigi A. Cuckler, Andrew J. Madison, Joseph M. Lizonitz, and Sheila D. Smith
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • About 80% of the senior population has 1 or more chronic conditions. Because of these conditions, 25% are limited in their ability to perform activities of daily living.  
  • Impact of family caregiving on work
    Seven out of 10 family caregivers have to cut back on work hours, change jobs, or stop working in order to care for their loved one.  
  • Even though the proportion of Americans using prescription drugs remained constant between 1996 and 2003, spending per person more than doubled from $424 to $950.  
  • In 2004, nursing home and home health care cost the nation $158.4 billion.  
  • Caregivers cut back on own preventive health
    One in 4 family caregivers cut back on spending for their own preventive health or dental care when caring for a loved one.