Australia’s health spend
December 14, 2010
ALMOST all areas of health
expenditure experienced growth
above inflation between 2007-08
and 2008-09, according to the
latest report by the Australian
Institute of Health and Welfare.
In its review, the AIHW found that
the national health expenditure in
Australia reached $112.8 billion in
2008-09, 70% of which was funded
by the federal and state
governments, and the remainder
funded by individuals (16.8%),
private health insurers (7.8%) and
other non-government sources
(5.7%).
The largest increase in health
expenditure was taken up by
spending on public hospitals
($1.6b), with the recurrent
spending on public hospitals in
2008-09 estimated at $32.3b.
The second largest increase in
health expenditure was spending
on medications, which grew by $1.3b.
According to the AIHW in 2008-
09 health expenditure in Australia
made up 9% of the nation’s gross
domestic product, up from 8.8% in
2007-08.
“Health expenditure has risen
more than GDP in percentage
terms for 8 of the past 10 years,” a
statement from the AIHW said.
“Australia’s health expenditure
as a proportion of GDP was very
similar to the UK, slightly lower
than Canada and New Zealand
and considerably lower than the
U.S,” the statement added.
The above article was sent to subscribers in Pharmacy Daily's issue from 14 Dec 10To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 14 Dec 10
Warning: Undefined variable $flipbook_id in
/home/pharmacydaily.com.au/public_html/wp-content/themes/child-custom-theme/functions.php on line
1259
Warning: Undefined variable $o_shortcode_atts in
/home/pharmacydaily.com.au/public_html/wp-content/themes/child-custom-theme/functions.php on line
1263
Warning: Undefined variable $output in
/home/pharmacydaily.com.au/public_html/wp-content/themes/child-custom-theme/functions.php on line
1266
