Silver Book Fact

The health share of the GDP is projected to increase from 17.6% to 19.8% between 2009 and 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

  • 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…  
  • From 2008 to 2016, combined state and federal Medicaid spending is projected to grow an average of 8.1% per year and to represent 16.4% of national health expenditures by 2016.  
  • In 2002, 61% of all deaths of those age 65 and older were caused by heart disease (32%), cancer (22%), and stroke (8%).  
  • Two-thirds of people over the age of 65 will need long-term care in their lifetimes.  
  • Between 2008 and 2018, average annual growth in health spending is projected to be 6.2%. This is 2.1% higher than the annual GDP growth.