Health Affairs · 2003 · 180 citations · 1 references
Public AffairsHealth PolicyHealth Services AdministrationHealth Care FinancingHealth EconomicsHealthcare EconomicsHealth Care CostsHealth Care Expenditure AnalysisHealth ExpenditureHealth Insurance EconomicsHealthcare BudgetingMedicaidBudget IncreasesEconomic Growth DynamicsFunding GrowthGovernment Health SpendingHealth Care Spending PatternsHealth Expenditure GrowthHealthcare Expenditure AnalysisPublic Health Expenditure
U.S. health care spending grew 8.7 percent to $5,035 per capita in 2001. Total public funding continued to accelerate, increasing 9.4 percent and exceeding private funding growth by 1.2 percentage points. This acceleration was due in part to increased Medicaid spending in the midst of a recession and payment increases for Medicare providers. Prompted by sluggish economic growth and by faster-paced health spending, health spending's share of GDP spiked 0.8 percentage points in 2001 to 14.1 percent.
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