Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Health spending projections for 2002-2012.

Stephen Heffler1, Sheila Smith, Sean Keehan

  • 1Office of the Actuary, Centers for Medicare and Medicaid Services, Baltimore, USA.

Health Affairs (Project Hope)
|October 7, 2003
PubMed
Summary

National health spending growth is forecast to slow in 2002-2003 due to decreased Medicare and private spending. However, overall health spending will still outpace economic growth, increasing its share of GDP.

Related Concept Videos

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by
Same author

Clinical audit of POM-V / POM prescriptions by remote consultation via a veterinary video telemedicine smartphone application.

Veterinary evidence·2026
Same author

Diagnostic Reasoning Foundations: Theoretical and Scientific Background With Suggested Competencies for Nurse Practitioner Education.

AACN advanced critical care·2025
Same author

Secondary Headache: Learning Diagnostic Reasoning in Complex Cases.

AACN advanced critical care·2025
Same author

Diagnostic Reasoning as a Component of Clinical Reasoning in Nurse Practitioner Education: Extension of a Scoping Review.

AACN advanced critical care·2025
Same author

The promise of AI in healthcare: transforming communication and decision-making for patients.

Journal of communication in healthcare·2025
Same author

An automated method of streamlining waiting list by clinical risk fast-tracking for patients awaiting TAVR: SWIFT TAVR algorithm.

International journal of cardiology·2025

Area of Science:

  • Health economics
  • Healthcare finance
  • Public health policy

Background:

  • National health spending growth has historically been a significant economic factor.
  • Understanding trends in healthcare expenditure is crucial for policy and financial planning.
  • Previous projections indicated continued rapid growth in health spending.

Purpose of the Study:

  • To forecast national health spending growth for 2002 and 2003.
  • To analyze the contributing factors to projected changes in health spending.
  • To project the health share of Gross Domestic Product (GDP) through 2012.

Main Methods:

  • Econometric forecasting models were employed.
  • Analysis incorporated projected growth rates for Medicare, Medicaid, and private health spending.

Related Experiment Videos

  • Consideration was given to factors such as labor markets and private health insurance premium inflation.

    • Main Results:

    • A slowdown in national health spending growth is anticipated for 2002 and 2003.
    • Slower growth in Medicare and private personal health spending are key drivers of this slowdown.
    • Despite the slowdown, national health spending growth is projected to exceed economic growth over the period.
    • The health share of GDP is expected to rise from 14.1% in 2001 to 17.7% in 2012.

    Conclusions:

    • The projected slowdown in near-term health spending growth is influenced by multiple economic and policy factors.
    • The increasing share of GDP dedicated to health signifies a persistent trend of rising healthcare costs relative to the overall economy.
    • These findings have implications for healthcare policy, budgeting, and economic planning.