The National Institute for Health Care Management Foundation’s new report finds that annual American health care spending is now at $8,100 per person in 2009, for a total $2.5 trillion dollars or 17.6 percent of the GDP in 2009. “Higher utilization of medical technology, rising treated prevalence rates for chronic diseases, and increased provider consolidation and market power” have all contributed to the national increase in costs, the study concludes:
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