News Headlines Article

Nearly 20% of GDP to be Spent on Healthcare By 2020
Health Leaders Media

National healthcare spending is expected to grow by an average of 5.8% a year through 2020 as the economic recovery spurs higher utilization, the population grows, and an estimated 30 million people receive health insurance coverage under the Affordable Care Act, according to a study in Health Affairs.

Under that rate of growth, the percentage of gross domestic product spent on health expenditures is projected to increase from 17.6% in 2010, to 19.8% in 2020.