Data Visualization

National Healthcare Expenditures

January 18, 2010
Authors: 
Veronique de Rugy

This chart shows out-of-pocket payments by consumers and spending by Medicaid, Medicare and private insurers on healthcare from 1965 to 2008.

Consumers’ out-of pocket spending on healthcare has decreased steadily as a percentage of the United States’ overall healthcare spending since the passage of Medicare in 1965 from its peak of 43% in 1965. On average, consumers’ out-of pocket healthcare costs increased 6.7% each year, while national healthcare expenditures increased by an average 9.8% each year. Increases in expenditures by private insurers, Medicaid and Medicare accounted for the majority of this excess cost growth; since 1965 private insurers’ spending has increased by an average 10.8% annually, Medicaid spending has increased by an average 15.4% and Medicare spending has increased by and average 15.6% each year.

 

Click here [1]to download data.


Source URL:https://www.mercatus.org/publications/government-spending/national-healthcare-expenditures

Links
[1] https://www.mercatus.org/sites/default/files/National Healthcare Expenditures (for web).xls

https://www.mercatus.org