By 2017 U.S. Health Care Spending Projected to Reach $4.3 Trillion

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry News By 2017, spending on health care in the United States is expected to be about $4.3 trillion, which will be about 19.5% of the nation’s gross domestic product (GDP). In 2007, health care spending was $2.2 trillion, or 16.3% of GDP. Health-related spending is expected to grow at 6.7% per year from 2007 through 2017. However, economic growth is expected to slow to about 4.7% per year. Due to expected Medicare enrollment increases due to the baby boomer generation, public . . .