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What is the formula to calculate health care expenditures for all health care services (hospital care to other personal care) between 1960 and 2015. TABLE
What is the formula to calculate health care expenditures for all health care services (hospital care to other personal care) between 1960 and 2015.
TABLE 3.1 NATIONAL HEALTH EXPENDITURES, SELECT YEARS, IN BILLIONS OF DOLLARS (UNLESS OTHERWISE STATED) Category 1960 1970 1980 1990 2000 2005 2010 2013 2014 2015 Hospital care $9.0 $27.2 $100.5 $250.4 $415.5 $609.4 $822.4 5937.9 $981.0 $1,036.1 Physician and clinical services 5.6 14.3 47.7 158.9 290.9 417.2 513.1 569.5 597.1 634.9 Dental services 2.0 4.7 13.4 31.7 62.3 87.0 105.0 110.1 1 12.8 117.5 Other professional services 0.4 0.7 3.5 17.4 37.0 52.7 69.8 78.8 82.8 87.7 Home health care 0.1 0.2 2.4 12.6 32.4 48.7 71.0 80.0 83.6 Nursing home care 0.8 4.0 15.3 44.9 85.1 1 12.5 140.0 149.2 152.6 156.8 Prescription drugs 2.7 5.5 12.0 40.3 121.2 205.3 253.0 265.1 297.9 324.6 Other medical products 2.3 5.0 13.9 36.2 56.8 71.7 91.1 100.8 103.5 107.5 Other personal care 0,5 1.3 8.5 24.3 64.5 96 5 129,1 144.3 151.5 163.3 Personal health care $23.3 $63.19 $217.2 $616.8 $1,165.7 $1,700.9 $2.196.6 $2,435.6 $2,562.8 $2,717.2 Government administration 0.1 0.3 2.8 7.2 17.1 28.3 30.1 37.2 41.2 42.6 Net cost of health Insurance 1.0 2.0 9.3 31.6 64.2 122.5 153.5 173.8 195.3 210.1 Public health activities 0,4 1.4 20.0 43.0 57.2 75.5 77.9 79.0 80.9 Research 0.7 2.0 5.4 12.7 25.5 40.3 49.2 46.7 45.9 46.7 Structures and equipment 1.9 5.8 14.7 36.0 62.5 86.5 93.5 106.4 105.0 108.0 National health expenditures $27.3 $74.8 $255.8 $724.3 $1,378.0 $2,034.8 $2,596.4 $2,877.6 $3,029 3 $3,205.6 Per capita personal Spending (dollars) $125 $300 $942 $2,430 $4,129 $5,757 $7,109 $7,710 $8,049 $8,467 Per capita national Spending (dollars) $147 $356 $1,110 $2,855 $4,881 $6,887 $8,404 $9,110 $9,515 9.990.0 National spending Percent of GDP (9%) 5.0 7.0 8.7 12.1 13.4 15.5 17.4 17.2 17.4 17.8 Source: Centers for Medicare and Medicald Services (CMS) website, http:/www.cms.his.gow NationalHealthExpendData/02_NationalHealthAccountsHistorical.asp/TopOfPage (Accessed January 11, 2017)Step by Step Solution
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