Resource Type:
Study/Report
The Centers for Medicare and Medicaid Studies (CMS) released a report which details national health care expenditures in 2008. According to their report, national health care spending grew by 4.4 percent in 2008, compared to an increase of 6.0 percent in 2007. Additionally, national health expenditures in 2008 totaled $2.3 trillion, or 16.2 percent of the nation’s Gross Domestic Product, as compared to 2007 when health care expenditures represented 15.9 percent of GDP.