Home Data Global Executive Dashboard Total National Health Expenditures How has Healthcare Spending Changed overtime?

How has Healthcare Spending Changed overtime?

Total National Health Expenditures as Percent of Gross Domestic Product, 1970-2021

Health spending accounts for nearly one-fifth of the U.S. economy

Average annual growth rate of GDP per capita and total national health spending per capita, 1970-2021

Health spending growth slowed in recent decades but consistently exceeded GDP growth until 2021

Source: National Health Expenditure Data, CMS

Local and federal expenditures on public health, US $Billions, 1971-2021

Federal spending on public health decreased in 2021 from 2020 but remains above pre-pandemic levels

Source: National Health Expenditure Data, CMS

Total national health expenditures, US $ per capita, 1970-2021

On a per capita basis, real health spending decreased slightly in 2021

Relative contributions to total national health expenditures, by service type, 2021

Hospital and physician services represent half of total health spending

Average annual expenditures growth rate select service types, 1970-2021

In the last decade, spending growth on hospitals has slowed

Source: National Health Expenditure Data, CMS

Total national health expenditures, by source of funds, 1970 and 2021

Health insurance is a growing share of total health expenditures and out-of-pocket spending is a smaller portion than in 1970

Source: National Health Expenditure Data, CMS

Cumulative growth in per enrolled person spending by private insurance, Medicare, and Medicaid, 2008-2021

On a per enrollee basis, private insurance spending has typically grown much faster than Medicare and Medicaid spending

Source: National Health Expenditure Data, CMS

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