Personal health care expenditure by source of funds 2016

Personal health care expenditure in the United States in 1990 and 2016, by source of funds (in billion U.S. dollars)

by Matej Mikulic, last edited Sep 28, 2018
Personal health care expenditure by source of funds 2016 This statistic shows personal health care expenditure by source of funds in the United States, comparing the years 1990 and 2016. In 1990, some 70 billion U.S. dollars of personal health care expenditure was funded by the Medicaid program.
Personal health care expenditure in the United States

Health care facilities in the U.S. are mostly considered part of the private sector. United States health care expenditure were around 3.3 trillion U.S. dollars in 2016. Globally, the U.S. spent the most on health care per capita as well as, as a percentage of its GDP. It has been ranked as one of the least efficient health care systems in the world. Health care expenditure includes a variety of services and products such as hospital care, physician and clinical services, dental, home health care, and nursing care facilities.

Personal health care expenditure in the United States has skyrocketed from 1990 to 2016. Funds for health care are still primarily derived from private health insurance and governmental health plans. A slowing growth in out-of-pocket payments can indicate higher cost-sharing and increased enrollment in consumer-directed health plans. In 1990, private health insurance funded some 205 billion U.S. dollars of health care services and increased to 994 billion U.S. dollars in 2016. Health care expenditure through private insurance has grown to some 35 percent of total personal health costs. The percentage of U.S. citizens covered by Medicare has increased from the 1990s until today. Medicare is a national social insurance program through the U.S. federal government which guarantees health insurance for citizens over the age of 64. Medicare expenditure totaled 625 billion U.S. dollars in 2016.
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Personal health care expenditure in the United States in 1990 and 2016, by source of funds (in billion U.S. dollars)

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