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The Congressional Budget Office says that federal spending for major health care programs and Social Security are on track to 14 percent of the gross domestic product by 2038, twice the 7 percent average of the past 40 years.
The rate of increase has slowed in the past decade â from 9.5 percent in 2002 to 3.9 percent in 2010. 6 But the rate of health care cost increases continues to be well above the general rate of inflation. U.S. health care spending breakdown. Health care spending in the United States totaled nearly $2.6 trillion in 2010.Of total spending, half (51 percent) goes to pay the cost of medical services provided by hospitals and physicians. Prescription drugs spending accounts for 10 percent. Those consumers with health care coverage experienced a 7.2 percent increase in their share of health care costs between 2011 and 2012. 2  Health care costs for American families in 2012 exceeded $20,000 for the first time. 4.