Healthcare's share of U.S. economy rose at record rate

New York Times, February 4, 2010

The economic recession has forced Americans to spend 5.7% more for health services and drugs in 2009 than they spent in 2008, according to new projections in a report by the federal Centers for Medicare and Medicaid Services. With the healthcare tab for last year coming to $2.5 trillion, healthcare spending now represents 17.3% of the nation's gross domestic product, a 1.1% bigger portion of the nation's economy than in 2008. The increase represents the biggest one-year expansion of healthcare's share of the economy since the federal government began keeping records in 1960.


MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2015 a division of BLR All rights reserved.