Monday, February 22, 2010

National health spending may nearly double by 2019 :: Feb. 18, 2010 ... American Medical News

Centers for Medicare and Medicaid Services logoImage via Wikipedia

By Doug Trapp, amednews staff

A shrinking economy combined with greater public health spending in 2009 produced a 1.1 percentage point increase in national health spending as a share of gross domestic product -- the largest single-year jump since records began in 1960.

National health spending as a share of gross domestic product reached 17.3% in 2009. This was largely because of a spike in Medicaid spending and relatively low growth in private spending, according to "Health Spending Projections Through 2019: The Recession's Impact Continues," published in Health Affairs on Feb. 4.
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