History of Health Spending in the United States, 1960-2013

Source: Aaron C. Catlin and Cathy A. Cowan, Centers for Medicare and Medicaid Services, November 19, 2015

U.S. health care expenditures have steadily increased as a share of gross domestic product (GDP) over the last half century, increasing from 5.0 percent of GDP in 1960 to 17.4 percent in 2013. Over this time period the mix of goods and services consumed as well as the payers, programs, and sponsors of health care spending have experienced dramatic changes. The objective of this paper is to analyze historical trends in health spending in the United States according to the major factors that influenced spending, including policy changes, legislation, recessions, prices, and public and private initiatives.
Related:
National Health Spending 1960-2013
Source: Aaron Catlin and Cathy Cowan, Health Affairs blog, November 23, 2015