Health Spending Growth Slows In 2003
- 1 January 2005
- journal article
- Published by Health Affairs (Project Hope) in Health Affairs
- Vol. 24 (1) , 185-194
- https://doi.org/10.1377/hlthaff.24.1.185
Abstract
The pace of health spending growth slowed in 2003 for the first time in seven years, driven in part by a slowdown in public spending growth. U.S. health care spending rose 7.7 percent in 2003, much slower than the 9.3 percent growth in 2002. Financial constraints on the Medicaid program and the expiration of supplemental funding provisions for Medicare services drove the deceleration. U.S. health spending accounted for 15.3 percent of U.S. gross domestic product in 2003, an increase of 0.4 percentage points from 2002.Keywords
This publication has 1 reference indexed in Scilit:
- As The Health Insurance Underwriting Cycle Turns: What Next?Health Affairs, 2004