U.S Health Spending Projected to Grow 5.8% Annually

From Health Affairs Blog, 7.28.11, by Chris Fleming

All health care spending in the United States is projected to grow at an annual average rate of 5.8 percent for the period 2010 through 2020, 1.1 percentage points faster than expected growth in Gross Domestic Product (GDP). By 2020, health care spending is projected to be 19.8 percent of GDP, nearly one-fifth of economic output, increasing from 17.6 percent in 2010. All health care spending will reach $4.64 trillion in 2020, nearly half of which will come from government sources.

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Published July 31st, 2011

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