Health Care Spending

Health Care Spending Paper
Faye D. Baker
HCS 440 – Economics: The Financing Of Health Care
March 24, 2014
Jay Christensen

The level Of Current National Health Care Expenditures
In this paper I will explore health care spending by researching the level of current national health care expenditures and whether spending on health care is enough or too much.   In addition I will attempt to address the following; the public’s health care needs and how they are paid, and how future economic needs of the health care system will be met.
The level of current national health care expenditures depends on the type of service that is delivered through hospital care, physician services, nursing home care and other sources of funding like medicaid, medicare and out of pocket spending throughout the nation.   Expenditures are estimated by health care spending and the location of the physician’s clinics or hospital as well as the type of health care delivery service and   the type of health care and   the kind of establishment, like nursing homes, hospitals and physical theraphy clinics.   “Personal Health Care (PHC) expenditures by state of residence are based on state of provider estimates are adjusted for the flow of residents between states in order to consume health care services.   These estimates present health spending on behalf of residents in the 50 states,   in the District of Columbia there are estimates of aggregate and per capita health spending by the type of establishment delivery care.” (National Health, 2011).  
Expenditure projections starting in 2011 to current has fluctuated.   In 2011 health care spending was estimated at 2.7 million and was growing at a rate of 3.9 percent in 2010.   In 2012, and 2013 health care spending continued to grow at 4.2 and 3.8 percent,   and in 2014 the national health care spending rose to 7.4 percent.   This allowed the economy to improve in the area of private insurance.   Statistics show that in 2011 the national health...