National Health Spending Rose 9.3 Percent in 2002; Sixth Consecutive Year of Faster Growth

Résumé du livre

National health expenditures increased 9.3 percent between 2001 and 2002, reaching nearly $1.6 trillion. As a percentage of gross domestic product, national health spending rose to 14.9 percent in 2002 from 14.1 percent in 2001 and 13.3 percent in 2000. In 2002, private-sector health spending accounted for 54.1 percent of national health spending, and the public sector accounted for 45.9 percent. The proportion paid for by private sources has decreased over time, while the proportion paid for by public sources has increased. In 1970, for example, private sources paid for 62.1 percent of national health expenditures, and public sources paid for 37.8 percent. The PDF for the above title, published in the March 2004 issue of EBRI Notes, also contains the fulltext of another March 2004 EBRI Notes article abstracted on SSRN: "Health Insurance Coverage of Individuals Ages 55-64, 1994-2002."