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CHCF Data Design Challenge
Transcript of CHCF Data Design Challenge
almost everything costs more today. But why is healthcare In 2009, it cost each American $2306 in healthcare expenses If the average person had per year, this is how they would spend it: The cost of
increased by 1047%, over twice as fast as overall healthcare spending. Prescription Drugs The cost of
increased by 1209% almost THREE TIMES as fast as overall healthcare spending. Home Healthcare The cost of
increased by 557% to over $500 billion. Physician & Clinical Services The cost of increased at the same rate as overall health spending, but it makes up 30% of all expenditures. Hospitals The cost of total
increased by 615% to over $20 billion. Healthcare Administration $2.5 Trillion so expensive? how much does it cost me? $100 to spend I get that, but what does that mean for my personal expenses? Healthcare spending is increasing more than most consumer goods (Consumer Price Index) Well the tree shows me where the money is going, but who's paying for this? If healthcare spending continues on this trend, what will the next generation of healthcare look like? Overall Healthcare Spending increased 459% SOURCE: Centers for Medicare & Medicaid Services, Office of the Actuary, National Health Statistics Group; U.S. Department of Commerce, Bureau of Economic Analysis; and U.S. Bureau of the Census. http://www.cms.gov/NationalHealthExpendData/ SOURCE: Centers for Medicare & Medicaid Services, Office of the Actuary, National Health Statistics Group; U.S. Department of Commerce, Bureau of Economic Analysis; and U.S. Bureau of the Census. http://www.cms.gov/NationalHealthExpendData/ Healthcare costs are 7% of personal expenditures,
by 2016 it could increase by 30%. source: IBISWorld report April 2012
Based on 6% annual increase until 2016 Healthcare
$6.98 Sources: Summary of NDA Approvals & Receipts, 1938 to the present, NDAs and BLAs Calendar Years 1993 - 2008, CDER Drug and Biologic Approvals for Calendar Year 2009 Source: Social Explorer Tables (SE), Census 1980, 1990, 2000, 2010, U.S. Census Bureau and Social Explorer Source: Table 5. Composition of consumer unit: Average annual expenditures and characteristics, Consumer Expenditure Survey, 2009, U.S. Bureau of Labor Statistics, October, 2010 UNLESS OTHERWISE NOTED, ALL SOURCES: Centers for Medicare & Medicaid Services, Office of the Actuary, National Health Statistics Group; U.S. Department of Commerce, Bureau of Economic Analysis; and U.S. Bureau of the Census. http://www.cms.gov/NationalHealthExpendData/ Source: Our Prices Basket for 2008 - 2011
http://www.thepeoplehistory.com/pricebasket.html Submitted by: Christian Basa, Kyle Kim, Kwang Pak, Ryan Roberts of Providence Health & Services Southern California http://www.fda.gov/AboutFDA/WhatWeDo/History/ProductRegulation/SummaryofNDAApprovalsReceipts1938tothepresent/default.htm
http://www.fda.gov/downloads/Drugs/DevelopmentApprovalProcess/HowDrugsareDevelopedandApproved/DrugandBiologicApprovalReports/PriorityNDAandBLAApprovals/UCM090995.pdf (44%) FEDERAL GOVERNMENT contributions include general tax revenues, plus payroll tax and private health insurance for its workers.
STATE AND LOCAL GOVERNMENT contributions include general tax revenues, plus payroll tax and private health insurance for its workers. PRIVATE BUSINESS contributions include health insurance premiums for workers and payroll taxes. (21%) (7%) PRIVATE OTHER contributions include philanthropy. (28%) HOUSEHOLD contributions include out-of-pocket costs, health insurance premiums, and payroll taxes. 23% 42% 35%