The Department of Health and Human Services (HHS) has released new National Health Expenditure data. The data show that national health spending increased 3.9 percent in 2011 – the same rate of growth as in 2009 and 2010. Total health spending in 2011 reached a level of $2.7 trillion, an average of $8,680 per person, and accounted for 17.9 percent of the nation’s gross domestic product (GDP).
The data show that premiums and benefits continued to increase at the same rate (3.8 percent). Hospitals continued to be the largest component of national health expenditures, at $850.6 billion in 2011.
As projected, health expenditures remained at 17 percent of GDP.
Note: AHIP’s iPad app, U.S. Health Care Spending 101, will be updated to include the new NHE data.