Silver Book Fact

National health spending numbers are projected to reach $2.4 trillion for 2008.

Sisko, Andrea, Christopher Truffer, Sheila Smith, Sean Keehan, Jonathan Cylus, John A. Poisal, M. Kent Clemens, and Joseph Lizonitz. Health Spending Projections Through 2018: Recession Effects Add Uncertainty to the Outlook. Health Aff. 2009; https://www.healthaffairs.org/doi/10.1377/hlthaff.28.2.w346

Reference

Title
Health Spending Projections Through 2018: Recession Effects Add Uncertainty to the Outlook
Publication
Health Aff
Publication Date
2009
Authors
Sisko, Andrea, Christopher Truffer, Sheila Smith, Sean Keehan, Jonathan Cylus, John A. Poisal, M. Kent Clemens, and Joseph Lizonitz
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Projected Rise in Cases of Chronic Diseases, 2003-2023  
  • Current projections predict a rise in Medicare spending from 2.6% of gross domestic product in 2008 to 9.2% in 2050.  
  • In 2004 and 2005, hospital spending continued to grow quickly by 7.9% each year and accounted for the largest share of the overall spending increase in both years.  
  • 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.  
  • The health share of the GDP is projected to increase from 17.6% to 19.8% between 2009 and 2020.