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Q: Federal Financial Information ( Answered 5 out of 5 stars,   1 Comment )
Question  
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)
Answer  
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.):

CMS
"National Health Care Expenditures" (undated)
http://www.cms.hhs.gov/publications/overview-medicare-medicaid/default2.asp

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,

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

Comments  
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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