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National Health Expenditure Projections, 2016-25: Price Increases, Aging Push Sector To 20 Percent Of Economy

Health Affairs, 2017-03, Vol.36 (3), p.553-563 [Peer Reviewed Journal]

Project HOPE—The People-to-People Health Foundation, Inc. ;Copyright The People to People Health Foundation, Inc., Project HOPE Mar 2017 ;ISSN: 0278-2715 ;EISSN: 1544-5208 ;EISSN: 2694-233X ;DOI: 10.1377/hlthaff.2016.1627 ;PMID: 28202501

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Title:
National Health Expenditure Projections, 2016-25: Price Increases, Aging Push Sector To 20 Percent Of Economy
Author: Keehan, Sean P ; Stone, Devin A ; Poisal, John A ; Cuckler, Gigi A ; Sisko, Andrea M ; Smith, Sheila D ; Madison, Andrew J ; Wolfe, Christian J ; Lizonitz, Joseph M
Subjects: Aging ; Baby boomers ; Census of Population ; Commerce - economics ; Economic growth ; Economists ; Expenditures ; Forecasting ; GDP ; Government programs ; Gross Domestic Product ; Gross Domestic Product - trends ; Health ; Health care ; Health care expenditures ; Health care policy ; Health Expenditures - statistics & numerical data ; Health Expenditures - trends ; Health insurance ; Health services ; Home health care ; Humans ; Insurance coverage ; Insurance Coverage - trends ; Insurance, Health - economics ; Insurance, Health - trends ; Internet ; Law ; Laws ; Medicaid ; Medicare ; Patient Protection & Affordable Care Act 2010-US ; Personal health ; Prescription Drugs ; Prices ; Services ; Trends ; United States
Is Part Of: Health Affairs, 2017-03, Vol.36 (3), p.553-563
Description: Under current law, national health expenditures are projected to grow at an average annual rate of 5.6 percent for 2016-25 and represent 19.9 percent of gross domestic product by 2025. For 2016, national health expenditure growth is anticipated to have slowed 1.1 percentage points to 4.8 percent, as a result of slower Medicaid and prescription drug spending growth. For the rest of the projection period, faster projected growth in medical prices is partly offset by slower projected growth in the use and intensity of medical goods and services, relative to that observed in 2014-16 associated with the Affordable Care Act coverage expansions. The insured share of the population is projected to increase from 90.9 percent in 2015 to 91.5 percent by 2025.
Publisher: United States: The People to People Health Foundation, Inc., Project HOPE
Language: English
Identifier: ISSN: 0278-2715
EISSN: 1544-5208
EISSN: 2694-233X
DOI: 10.1377/hlthaff.2016.1627
PMID: 28202501
Source: MEDLINE
ProQuest Central

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National Health Expenditure Projections, 2016-25: Price Increases, Aging Push Sector To 20 Percent Of Economy

Project HOPE—The People-to-People Health Foundation, Inc. ;Copyright The People to People Health Foundation, Inc., Project HOPE Mar 2017 ;ISSN: 0278-2715 ;EISSN: 1544-5208 ;EISSN: 2694-233X ;DOI: 10.1377/hlthaff.2016.1627 ;PMID: 28202501

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