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U. S. health care spending grew 8. 7 percent to 5, 035 per capita in 2001. Total public funding continued to accelerate, increasing 9. 4 percent and exceeding private funding growth by 1. 2 percentage points. This acceleration was due in part to increased Medicaid spending in the midst of a recession and payment increases for Medicare providers. Prompted by sluggish economic growth and by faster-paced health spending, health spending's share of GDP spiked 0. 8 percentage points in 2001 to 14. 1 percent.
Levit et al. (Wed,) studied this question.