2016
DOI: 10.1377/hlthaff.2015.1194
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National Health Spending In 2014: Faster Growth Driven By Coverage Expansion And Prescription Drug Spending

Abstract: US health care spending increased 5.3 percent to $3.0 trillion in 2014. On a per capita basis, health spending was $9,523 in 2014, an increase of 4.5 percent from 2013. The share of gross domestic product devoted to health care spending was 17.5 percent, up from 17.3 percent in 2013. The faster growth in 2014 that followed five consecutive years of historically low growth was primarily due to the major coverage expansions under the Affordable Care Act, particularly for Medicaid and private health insurance, wh… Show more

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Cited by 154 publications
(114 citation statements)
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“…These health epidemics are currently having devastating effects on the world economy. In 2014 for example, skyrocketing health-care costs climbed to $3 trillion in the US alone (67). Worldwide, chronic diseases are estimated to be responsible for a $17.3 trillion cumulative economic loss between 2011 and 2030 due to health-care expenditures, reduced productivity, and lost capital (68).…”
Section: The Metabolic Phenomenonmentioning
confidence: 99%
“…These health epidemics are currently having devastating effects on the world economy. In 2014 for example, skyrocketing health-care costs climbed to $3 trillion in the US alone (67). Worldwide, chronic diseases are estimated to be responsible for a $17.3 trillion cumulative economic loss between 2011 and 2030 due to health-care expenditures, reduced productivity, and lost capital (68).…”
Section: The Metabolic Phenomenonmentioning
confidence: 99%
“…The main outcomes were the proportion of patients with Hospital costs were then adjusted for the annual inflation rate using CMS estimates and were expressed as annual means with 95% confidence intervals (CIs) in 2014 U.S. dollars (35). compared baseline characteristics.…”
Section: Variables Of Interestmentioning
confidence: 99%
“…1 Spending on federal healthcare programs continues to grow significantly. 2 Regardless, the need to provide high-quality care continues.…”
Section: Introduction Telehealth: Opportunity To Reduce the Costs Andmentioning
confidence: 99%