Choose to Save

FAQs About Benefits—Health Spending and Insurance Issues

Is the average American spending a growing amount on health?

Despite evidence that health care expenses are 16.0 percent of the nation's gross domestic product, they account for a substantially smaller share of most individual budgets. Out of each dollar spent by American consumers in 2006, a bit more than a nickel (5.7 percent) paid for medical or health purchases, below the amount they spent eating out in restaurants. Not surprisingly the percentage of income spent rises with age.


Chart Data


Chart Data


General Overview of Benefits
Retirement Issues
Health Spending and Insurance Issues
Other Benefit Issues
EBRI Logo