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Over the past fifty years, real government spending on health has skyrocketed, increasing thirty-fold. When adjusted for per capita terms, the increase is a staggering seventeen-fold. This blog examines the indexes of real government spending on health using the chained GDP deflator, with 1960 set as the baseline. The analysis provides insights into the evolving landscape of health financing, revealing how investments in public health have dramatically expanded and highlighting the implications for future health policies.
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5.1.a | Real government spending on health has increased 30-fold in the past half century; the increase is 17-fold in per capita terms. Indexes of Real Government Spending on Health Using Chained GDP Deflator: 1960=100 blog.american.com
