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March 2008
 National Health Expenditure Projections 2007-2017
By 2017, spending on health care in the United States is expected to be
about $4.3 trillion, which will be about 19.5% of the nations gross
domestic product (GDP). In 2007, health care spending was $2.2 trillion,
or 16.3% of GDP. Health-related spending is expected to grow at 6.7% per
year from 2007 through 2017. However, economic growth is expected to slow
to about 4.7% per year. Due to expected Medicare enrollment increases due
to the baby boomer generation, public health care spending will increase,
and private sector spending growth is expected to decrease from 6.6%
percent in 2009 to 5.9% in 2017. The decrease in private spending growth
is also related to the expected economic slowdown.
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