This Presentation Has Everything You Need To Know About Increased Health Care Spending Over The Next Decade

Health care cost

Mandatory spending on health care will grow significantly over the next decade, increasing to $13.375 trillion, according to a new report from the Congressional Budget Office.

In 2011, federal outlays of $856 billion for Medicare, Medicaid, and other health care programs made up more than 42 per cent of mandatory spending. By 2022 expenditures for these programs will increase to $1.8 trillion, making up more than 51 per cent of direct spending and claiming an even bigger percentage of GDP. 

A few weeks before the outlook report was released, CBO Assistant Director for Health and Human Resources Linda T. Bilheimer gave a presentation on the implications of rising health care costs.

Source: CBO

Source: CBO

Source: CBO

Source: CBO

Source: CBO

Source: CBO

Source: CBO

Source: CBO

Source: CBO

Source: CBO

It's not just government that finds health care costly

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