National Health Expenditure
Monday, August 25th, 2008How far can we go before the health system breaks down? What is the government doing to prevent it?
This chart shows the national expenditure on health care (in billions) since 1960. In 2004, the $1.87 trillion spent on health care represented 16 percent of the Gross Domestic Product (GDP). In other words, health care took 16 cents of each dollar spent in 2006. By 2015 some forecast that 1 out of every 5 dollars in America will go to health care.
Reference: Kaiser Family Foundation
