expenditure per capita will double in health & ageing. The chart below from IGR3 shows this significant forecast increase for healthspending with realspend forecast to increase ... Health and Ageing While the resources sector will drive growth in GDP
forecast is based conservatively on the trend of realhealth care spending ... intensity, and changes in relative health care prices—in explaining the overall costs of real per capital health care expenses. Real per capita expenditures on each ... Share of Annual Real Growth Due to Annual Real Growth Change in Relative Prices Category Utilization Intensity Physician Services Inpatient Hospital –91.0 –7.4 Nursing Homesa
cost curve (best seen on a log scale), and (non-fatal) health status determines ... An alternative way of visualising these interacting determinants of healthexpenditure growth is to consider that population ageing determines the weight to be given ... Cost weights, 2002 Cost weights, 2051 95+ 0–4 5–9 10–14 15–19 20–24 25–29 30–34 35–39 45–49 50–54 55–59 60–64 65–69 70–74 75–79 80–84 85–89 90–94
Over the 1990s, the gap between healthspending growth and economic growth ... in the future healthexpenditure. Compared to the uncertainty in the aged dependency ratio, uncertainty in healthspending is much smaller in all countries. In conclusion
Figure 3. Projected US real per capita health care spending at current rates of growth vs. all other consumption7 On Health Care On All Other Consumption ... a situation in which any increase in national health care spending can occur only by reducing spending on non-health goods and services (see Figure 3).7, 8 ... to a point where all increases in disposable income will be devoted to health care
High-Cost Assumptions Payments as a Share of After-Tax Income (%) After-Tax Income Net of HealthSpending ($) Table 4. Real Median Income and Health Care ... will devote a similar share of after-tax income to health care (see Table 4). Under the high-cost assumption, in which annual health care costs grow 1 percentage point faster than in the baseline case, health care costs in 2030 will consume nearly half ... (%) After-Tax Income Net of HealthSpending ($)
the additional growth in expenditure necessary to maintain real per capita levels of health ... Real per capita healthspending peaked in the 1991-92 fiscal year, but following ... Chart 8 Real Per Capita HealthExpenditure Scenario C Previous Level Re-gained: Scenario B Scenario A
(DPI) on real per capita private PHC spending (growth is smoothed with a 7-year ... mirrors that of the growth in real per capita private PHC spending. The explanatory power of lagged income growth for aggregate healthspending is very strong ... Peak Trough Peak Peak Trough Near trough? Forecast, 2012-22 Real per capita Private PHC Estimated impact of lagged real per capita growth in DPI on growth in private PHC*
and concerns over austerity measures. In the US, consumer spending and confidence remains below long-term trend, as consumers continue to tighten their belts. A weak ... consumer spending is still strong in Asia Pacific, underpinned by employment growth ... n/a General Trend Decelerating Growing Growing Growing Decelerating Growing Growing General Trend: Worsening, Neutral, Improving * Chinese GDP YOY Sources: Global Insight