Publications / National Health Spending Quick Reference Guide — 2024 Edition

National Health Spending Quick Reference Guide — 2024 Edition

National health care spending totaled $4.5 trillion in 2022, or $13,493 per person. In 2022, health care spending increased 4.1%, slightly more than the 3.2% increase in 2021. On a per capita basis, health spending increased 3.7% in 2022.

Health care accounted for 17.3% of gross domestic product (GDP) in 2022, down from 18.2% in 2021. GDP growth in 2022 (9.1%) outpaced the increase in health spending (4.1%).

Key findings about US health spending in 2022 include:

  • The federal government financed a third of the nation’s health spending. Households (28%), private business (18%), and state and local governments (15%) also shared in the financing.
  • Hospital care and physician and clinical services together accounted for half of health spending.
  • Prescription drug spending increased 8.4% in 2022, slightly more than the 6.8% in 2021. Prescription drugs represented 9.1% of health spending.
  • The net cost of health insurance accounted for 6.3% of health spending and increased 8.5% in 2022.
  • Public health insurance, Medicare (21%), Medicaid (18%) and other public programs (4%), paid for 43% of health spending, while private insurance paid for 29%.
  • Consumer’s out of pocket spending – for copays, deductibles and goods and care not covered by insurance – rose 6.6% in 2022 and accounted for 10.6% of health spending.

The National Health Spending (formerly titled Health Care Costs 101) quick reference guide is available for download below.

These materials are part of CHCF’s California Health Care Almanac, an online clearinghouse for key data and analyses describing the state’s health care landscape. See our entire collection of current and past editions of Health Care Costs 101.

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