More than $130 billion spent on health
More than $130 billion was spent on health in 2010–11, according to a report released today by the Australian Institute of Health and Welfare. The report, Health expenditure Australia 2010–11, estimates that spending on health was about $130.3 billion in 2010–11, up from $122.5 billion in 2009–10 (after adjusting for inflation).
In 2010–11, health expenditure as a percentage of GDP was 9.3%, compared to 9.4% in 2009–10. For 2010-11, the estimated average level of recurrent expenditure on health was $5796 per person.
The largest component of the increase in expenditure was a $2.2 billion rise in spending on public hospitals, followed by spending on medications, which grew by $2.1 billion.
Almost 70% of total health expenditure was funded by governments, with the Commonwealth Government contributing 42.7%, and State and Territory Governments contributing 26.4%. The remaining 30.9% was funded by individuals, private health insurers, and other non-government sources.
In 2010–11, health expenditure as a percentage of GDP was 9.3%, compared to 9.4% in 2009–10. For 2010-11, the estimated average level of recurrent expenditure on health was $5796 per person.
The largest component of the increase in expenditure was a $2.2 billion rise in spending on public hospitals, followed by spending on medications, which grew by $2.1 billion.
Almost 70% of total health expenditure was funded by governments, with the Commonwealth Government contributing 42.7%, and State and Territory Governments contributing 26.4%. The remaining 30.9% was funded by individuals, private health insurers, and other non-government sources.
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