SOURCE: OECD, OECD Health Statistics 2013, November 2013. Compiled by PGPF.
NOTE: Per capita health expenditures are for the year 2011, except Japan and Australia, for which 2010 data are the latest available. Data adjusts exchange rates to account for cost of living differences between countries.
Total national spending on healthcare in the United States by both the public and private sectors was $2.7 trillion in 2011, or about 17 percent of total economic output (GDP). According to government projections, healthcare expenditures are projected to climb to 22 percent of GDP by 2038. Americans currently pay about twice as much per capita on healthcare as our peers do in other advanced nations, yet our health outcomes are no better. Many health experts believe that we can increase the quality of our care while also reducing our costs.
For more information on this important issue, read the PGPF Fiscal Primer on Healthcare.
Dual Eligibles Receive Benefits from Medicare and Medicaid
The Composition of Medicaid Spending
Medicaid and CHIP Cover Nearly One-Third of American Children
Social Security, Health Care, and Defense Spending 1965-2010
International Ranking – Health Outcomes
Peter G. Peterson Foundation Chart Pack:
The PGPF chart pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues. In this set of charts, we aim to frame the financial condition and fiscal outlook of the U.S. government within a broad economic, political, and demographic context.
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