ECON 850 Health Economics Gilleskie. Lecture 2: The Size of the Medical Care Market. Sources: http://www.cms.hhs.gov/NationalHealthExpendData/ http://bea.gov/index.htm http://www.meps.ahrq.gov/mepsweb/data_files/publications http://www.cdc.gov/nchs/ http://nces.ed.gov
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ECON 850 Health Economics Gilleskie
Lecture 2: The Size of the Medical Care Market
NHE: $ 2,241 billion
GDP: $ 13,808 billion
NHE % of GDP: 16.2
Payment financed by philanthropy, hospital fees, and gift shop and food sales
Payment by private health insurance financed by premiums
Uncompensated care: not included unless money is received through indigent care funds or extra charges on other payers.
Non-durables: food, clothing, gas, tobacco, Rx
State General Fund Spending
Total = $2.3 Trillion
Total = $499 Billion
SOURCE: CBO, Baseline Budget Outlook, January 2005; National Association of State Budget Officers, 2003 State Expenditure Report, 2004.
Lecture 2: The Health of the U.S.
Death Rates from Injuries, by Mechanism and Country
[Average annual injury deaths per 100,000 population for time period indicated]
Source: U.S. National Center for Health Statistics, Advance Data, No. 303, October 7, 1998.
* Per 100,000 standard population
Obesity Trends* Among U.S. AdultsBRFSS,1990, 1998, 2007
(*BMI 30, or about 30 lbs. overweight for 5’4” person)
No Data <10% 10%–14% 15%–19% 20%–24% 25%–29% ≥30%
Lecture 2: Who consumes this care?
Half of the population spends little
or nothing on health care, while 5 percent of the population spends almost half of the total amount (2002).
* The 22% and 49% (2002 figures) are down from 28% and 56% in 1996.
Total = 52.4 million
Total = $252 billion
Note: Total expenditures on benefits excludes DSH payments.
SOURCE: KCMU estimates based on CBO and OMB data, 2004.
SOURCE: KCMU estimates based on CBO and Urban Institute data, 2004.