As part of the much-debated President Obama’s healthcare bill, health bill spending is going to pinch the pocket of Americans in the coming time. It has been predicted that health care spending in the US would account for 19% of the national budget by 2020.

With additional 30 million people to be insured under the Affordable Care Act of 2010, there is no doubt that demands for medical services and drugs are going to shoot up.

Published by the trade journal Health Affairs, the report claimed that government shall have to shell out as much as high of 31% for the next decade from 27% in 2010.

If the Centers for Medicare and Medicaid Services is to be believed, healthcare spending will increase by 8.3% in 2014 over the previous year and then, from 2015 to 2020, it will grow by an average 2065 annually.

Even federal, state and local governments would not be spared as they would experience a 4% growth in their contribution from current 45% to 49% of the total by 2020.

It’s believed that the all the Americans falling under Obama’s healthcare bill are the key factors triggering the healthcare spending to ceiling.