May 25, 2017

Projected Medicare and Medicaid Spending Continue to Rise

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This bar graph shows the increasing costs of Medicare, Medicaid, CHIP, and exchange subsidies, as a percentage of the U.S. Gross Domestic Product. According to projections, the combined costs of these programs could be equal to 9.4% of GDP by 2035 -- thats almost 10% of our economy.

Source: Congressional Budget Office, June 2015.

About the Issue

  • The American health care system is a patchwork of public and private programs that serve citizens in different ways, depending on their age, military...

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