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Medicare alone is now 9 percent of the Federal budget Levit et al. Of the 58 percent of all health spending that was not financed by public budgets, 33 percent was paid for by private insurance payments, 20 percent by individuals out-of-pocket, and 5 percent by other private payments, including philanthropy Levit et al.
Inapproximately 39 percent of total health spending was for hospital care, 19 percent for physician services, 8 percent for nursing home care, health insurance georgia 2023 percent for other personal health care spending, and 12 percent for health insurance georgia 2023 non-personal health care items such as research and construction Levit et al.
The annual growth rate of health spending in the s was about Hospital spending grew by about 15 percent per health insurance georgia 2023 in the early s, slowed to about 7 percent in the mids, and increased to about 10 percent by the end of the decade. Physician spending growth through the decade averaged about 15 percent per year, but moderated somewhat toward the end of the decade Levit et al.
The share of https://healthhub.space/medical/national-museum-of-health-and-medicine-tickets.php health spending accounted for by private health insurance and government programs rose slightly over the s, while out-of-pocket spending marginally declined Levit et al.