Healthcare in US will consume a fifth of GDP by 2020BMJ 2011; 343 doi: https://doi.org/10.1136/bmj.d4895 (Published 29 July 2011) Cite this as: BMJ 2011;343:d4895
- Bob Roehr
- 1Washington, DC
Spending on healthcare will consume 19.8% ($4.6 trillion (£2.8 trillion; €3.2 trillion) of the total US economy in 2020, predict government actuaries at the Centers for Medicare and Medicaid Services. It is the first time that their projections have taken into account the effects of health reform under the Affordable Care Act, passed in 2010.
Health spending grew by only 3.9% in 2010, to $2.6 trillion, a historically low rise but still higher than growth in the overall economy, because of the recession.
The annual rise is projected to increase to 8.3% in …