title: U.S. health spending projections for 2004-2014.
abstract: National health spending growth is anticipated to remain stable at just over 7.0 percent through 2006, the result of diverging public- and private-sector spending trends. The faster public-sector spending growth is exemplified by the introduction of the new Medicare drug benefit in 2006. While this benefit is anticipated to have only a minor impact on overall health spending, it will result in a significant shift in funding from private payers and Medicaid to Medicare. By 2014, total health spending is projected to constitute 18.7 percent of gross domestic product, from 15.3 percent in 2003.
authors.affiliation: Office of the Actuary, Centers for Medicare and Medicaid Services, Baltimore, Maryland, USA. sheffler@cms.hhs.gov
authors.forename: Stephen
authors.initials: S
authors.lastname: Heffler
authors.forename: Sheila
authors.initials: S
authors.lastname: Smith
authors.forename: Sean
authors.initials: S
authors.lastname: Keehan
authors.forename: Christine
authors.initials: C
authors.lastname: Borger
authors.forename: M Kent
authors.initials: MK
authors.lastname: Clemens
authors.forename: Christopher
authors.initials: C
authors.lastname: Truffer
mesh_terms: D005544:Forecasting; D005102:Health Expenditures / Q000639:trends*; D014481:United States