Silver Book Fact

Public payers are anticipated to become the largest health care funding source in 2016, and pay for more than half of national health spending in 2018.

Sisko A, Truffer C, Smith S, Keehan S, et al. 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 A, Truffer C, Smith S, Keehan S, et al
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • Certified home care providers charge the most of any home health aides, averaging $36.22 per hour (a 17% increase over 2005). Non-certified but licensed providers charge an average of $22.15…  
  • In 2003, Medicare beneficiaries with excellent health spent $2,845 (16% of their income) on health care.  
  • Hospital spending is projected to reach $746.5 billion in 2008.  
  • 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.  
  • The health share of the GDP is expected to increase to 16.3% in 2007.