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Healthcare Investments and Exits

Total National Health Expenditures

Total national health expenditures, US $ Billions, 1970-2021
Total health expenditures increased moderately in 2021

Note: A constant dollar is an inflation adjusted value used to compare dollar values from one period to another.

Total health expenditures represent the amount spent on health care and related activities (such as administration of insurance, health research, and public health), including expenditures from both public and private funds.

Source: KFF analysis of National Health Expenditure (NHE) data

Total national health expenditures, US $ Billions, 1970-2021
Total health expenditures increased moderately in 2021

Note: A constant dollar is an inflation adjusted value used to compare dollar values from one period to another.

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2001,2011,2012,2013,2014,2015,2016,2017,2018,2019,2020" series_data="column:Enrollment in millions:-11,12.2,13.4,14.6,16.0,17.3,18.2,19.2,21.1,22.7,24.7;column:Percent of Total Medicare Beneficiaries (%) :25%,26%,28%,29%,31%,33%,33%,35%,36%,35%,37%" format=",0" colors="#2E338D,#02A556,#8AC06E" label="Enrollment in Medicare Advantage " label2="(as % of total Medicare beneficiaries)" suffix=""]

Total health expenditures represent the amount spent on health care and related activities (such as administration of insurance, health research, and public health), including expenditures from both public and private funds.

Source: KFF analysis of National Health Expenditure (NHE) data

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