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Q: Federal Financial Information ( Answered 5 out of 5 stars,   1 Comment )
Subject: Federal Financial Information
Category: Miscellaneous
Asked by: danielaqh-ga
List Price: $3.00
Posted: 27 Apr 2005 10:24 PDT
Expires: 27 May 2005 10:24 PDT
Question ID: 514954
What percentage of healthcare dollars is part of the GNP (Gross National Product)
Subject: Re: Federal Financial Information
Answered By: omnivorous-ga on 28 Apr 2005 05:46 PDT
Rated:5 out of 5 stars
Danielagh --

According to the U.S. Government's Centers for Medicare & Medicaid
Services, health care was about 14.9% of GNP in 2002, the last year
for which there is actual (versus forecasted) data.

To give it some historical perspective, it was 5.1% of GNP in 1960 and
13.4% in 1993.  Projections put it at 18.4% by 2013.  This web page
gives detailed numbers, including how the money gets spent (hospitals,
prescriptions, etc.):

"National Health Care Expenditures" (undated)

National Health Expenditure (NHE) historical estimates and projections
are from the National Health Statistics Group in the Office of the
Actuary (OACT), the Centers for Medicare & Medicaid Services (CMS).

Google search strategy:
"health care" percentage of GDP

Best regards,

danielaqh-ga rated this answer:5 out of 5 stars and gave an additional tip of: $2.00

Subject: Re: Federal Financial Information
From: himanshup21-ga on 27 Apr 2005 23:26 PDT
2.5 % of Health care is part of GNP

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