HOUSE_OVERSIGHT_020894.jpg

1.57 MB

Extraction Summary

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People
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Organizations
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Locations
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Events
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Relationships
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Quotes

Document Information

Type: Presentation slides / financial analysis report
File Size: 1.57 MB
Summary

The document consists of two presentation slides, likely from a KPCB 'USA Inc.' report, analyzing US government spending trends. Slide 105 compares government healthcare spending (rising from 1.2% to 8.2% of GDP) against education spending between 1960 and 2009. Slide 106 details the shift in healthcare funding sources, highlighting the growth of Medicare and Medicaid from 0% in 1960 to 35% of total spending in 2008, alongside a massive increase in total healthcare spending from $187B to $2.5T. The document bears a 'HOUSE_OVERSIGHT' Bates stamp.

Timeline (1 events)

1965
Creation of Medicare and Medicaid
USA

Locations (1)

Location Context
USA

Key Quotes (2)

"Total Government* Healthcare Spending Increases are Staggering – Up 7x as % of GDP Over Five Decades vs. Education Spending, Only Up 0.6x"
Source
HOUSE_OVERSIGHT_020894.jpg
Quote #1
"Since Their Creation in 1965, Medicare + Medicaid Have Grown to 35% of Total USA, Inc. Healthcare Spending in 2008 from 0%"
Source
HOUSE_OVERSIGHT_020894.jpg
Quote #2

Full Extracted Text

Complete text extracted from the document (1,839 characters)

Total Government* Healthcare Spending Increases are Staggering – Up 7x as % of GDP Over Five Decades vs. Education Spending, Only Up 0.6x
USA Total Government Healthcare vs. Education Spending as % of GDP, 1960 – 2009
[Chart Y-Axis: Spending as % of GDP, 0% to 8%]
[Chart X-Axis: 1960 1964 1968 1972 1976 1980 1984 1988 1992 1996 2000 2004 2008]
[Data Point Annotation 1960: 1.2%]
[Data Point Annotation 2009: 8.2%]
— Total Government (Federal + State + Local) Spending on Healthcare
— Total Government (Federal + State + Local) Spending on Education
Note: *Total government spending on healthcare includes Medicare, Medicaid and other programs such as federal employee and veteran health benefits; total government spending on education includes spending on pre-primary through tertiary education programs. Source: Dept. of Education, Dept. of Health & Human Services.
KPCB www.kpcb.com USA Inc. | Income Statement Drilldown 105
Since Their Creation in 1965, Medicare + Medicaid Have Grown to 35% of Total USA, Inc. Healthcare Spending in 2008 from 0%
USA Total Healthcare Spending by Funding Source, 1960 vs. 2009
1960
Total Healthcare Spending = $187B*
Other Private Funds 7%
Other Government Funds** 25%
Consumer Out-of-pocket Payments 47%
Private Health Insurance 21%
2009
Total Healthcare Spending = $2.5T*
Other Private Funds 8%
Medicare 20%
Medicaid (Federal + State + Local) 15%
Other Government Funds** 13%
Private Health Insurance 32%
Consumer Out-of-pocket Payments 12%
Note: *Adjusted for inflation, in 2005 dollars. ** Other government funds include those from Dept. of Defense, Veterans' Administration and federal funding for healthcare research and public health activities. Source: U.S. Department of Health & Human Services.
KPCB www.kpcb.com USA Inc. | Income Statement Drilldown 106
HOUSE_OVERSIGHT_020894

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