The Rise of Health Care Costs in America

Timeline created by rains_uncch
  • Healthcare Spending 5.2% GDP

    Healthcare Spending 5.2% GDP
    In 1960 US Healthcare spending was 5.2% of Gross Domestic Product (GDP)
    http://facts.kff.org/chart.aspx?ch=202
  • Healthcare Spending 7.2% GDP

    Healthcare Spending 7.2% GDP
    In 1970, the percentage of the Gross Domestic Product spend on healthcare was 7.2%
  • Healthcare Spending 9.2% GDP

    Healthcare Spending 9.2% GDP
    In 1980 US Healthcare spending rose to 9.2% of GDP
  • Healthcare Spending 12.5% of GDP

    Healthcare Spending 12.5% of GDP
    By 1990 US spends 12.5% of GDP on healthcare
  • Healthcare Spending 13.8% GDP

    Healthcare Spending 13.8% GDP
    Healthcare spending by 2000 is 13.8% of US GDP
  • $9,235 Medical Costs Family of 4

    $9,235 Medical Costs Family of 4
    Milliman reports total medical costs for a typical American family of four is $9,235
  • $10,168 Medical Costs Family of 4

    $10,168 Medical Costs Family of 4
    Milliman reports the 2003 total medical costs for a typical American family of four is $10,168
  • Healthcare Spending 16% GDP

    Healthcare Spending 16% GDP
    Kaiser Foundation Healthcare spending and GDPUS Healthcare spending was 16.0% of GDP
  • $11,192 Medical Cost Family of 4

    $11,192 Medical Cost Family of 4
    Milliman Medical Index reports the average American Family of four spent $11,162 on healthcare in 2004.
  • $12,214 Medical Costs Family of 4

    $12,214 Medical Costs Family of 4
    Milliman reports total medical costs for a typical American Family of four is $12,214
  • Healthcare 16.1% GDP

    Healthcare 16.1% GDP
    Kaiser Healthcare Spending GDPIn 2006 US Health care spending was 16.1% of GDP
  • $13,382 Medical Costs Family of 4

    $13,382 Medical Costs Family of 4
    Total medical costs for a typical American family of four in 2006 was $13,382 (Milliman)
  • $14,500 Medical Costs Family of 4

    $14,500 Medical Costs Family of 4
    Total medical costs for a typical American family of four in 2007 was $14,500 as reported by Milliman
  • Healthcare spending 16.5% GDP

    Healthcare spending 16.5% GDP
    Kaiser Family Foundation HealthcareUS Healthcare spending was 16.6% of GDP per Kaiser Family Foundation health care facts
  • $15,609 Medical Costs Family of 4

    $15,609 Medical Costs Family of 4
    Total medical costs for a typical American familiy of four in 2008 is $15,609 (Milliman)
  • Healthcare Spending 17.6% GDP

    Healthcare Spending 17.6% GDP
    Kaiser Healthcare FactsBy 2009 US Healthcare spending was 17.6% of GDP as reported by Kaiser Family Foundation
  • $16,771 Medical Costs for Family of 4

    $16,771 Medical Costs for Family of 4
    Total medical costs for a typical American family of four $16,771 (Milliman)
  • Health Expenditures and GDP 1960 - 2009

    Health Expenditures and GDP 1960 - 2009
    Kaiser Family Foundation –
    National Health Expenditures and their share of GDP 1960 – 2009
    http://facts.kff.org/chart.aspx?ch=202
  • $18,074 Medical Cost Family of 4

    $18,074 Medical Cost Family of 4
    Milliman Report Rising Medical costsTotal meedical cost for a typical American family of four $18,074
    Source: Milliman Report on Rising Medical Costs
  • Average Family Medical Costs

    Average Family Medical Costs
    Milliman Medical Index
    Average health care costs for family of 4, 2005 - 2009
  • Health Care GDP Projection

    Health Care GDP Projection
    2019 NHEBy 2019 national health spending is expected to reach 19.3% GDP.

    Source: U.S. Department of Health and Human Services
  • Projected Healthcare Spending %GDP

    Projected Healthcare Spending %GDP
    CBO Projected Costs%GDPGraph of projected healthcare spending from the Congressional Budget Office showing increases from 2007 - 2082
  • Healthcare GDP Projection 25%

    Healthcare GDP Projection 25%
    Non-Partisan Congressional Budget Office assessment of long term healthcare costs predits the share of GDP devoted to healthcare will be 25%
  • 2050 Healthcare GDP Projection 37%

    2050 Healthcare GDP Projection 37%
    Non-Partisan Congressional Budget Office assessment of long term healthcare costs predits the share of GDP devoted to healthcare will be 37%
  • Healthcare GDP Projection 49%

    Healthcare GDP Projection 49%
    Non-Partisan Congressional Budget Office (CBO) assessment of long term healthcare costs predicts the share of GDP devoted to healthcare will be 49%
  • Period: to

    Healthcare Expenditures % GDP

    Health Expenditures % GDP 1960-2009 According to Kaiser Family Foundation, in 2005 the U.S. spent $2 trillion on health care, which is 16 percent of GDP.
    Health care costs have grown on average 2.5 percentage points faster than U.S. gross domestic products since 1970.
  • Period: to

    The Rise of Medical Costs for Families

    The Rise of Medical CostsRedirect&utm_source=milliman&utm_medium=web&utm_content=mmi/pdfs/milliman-medical-index-2010.pdf' >Milliman Medical Index 2010</a> Milliman Medical Index reports total medical costs for a typical American family of four rose from $9,235 in 2002 to $18,074 in 2010.
  • Period: to

    Projections of Healthcare as % GDP

    The Long Term Outlook of Healthcare Spending Non-Partison Congressional Budget Office assessment of long term healthcare costs predicts the share of GDP devoted to healthcare will increase to 49% by 2082. The Congressional Budget Office