Infographic: U.S. Healthcare Spending

Mar 1, 2024

Improving our healthcare system to deliver better quality care at lower cost is critically important to our nation’s long-term economic and fiscal well-being.

The rising cost of healthcare is one of the key drivers of our growing national debt, which crowds out important investments in our future economy, including priority areas like education, research, and development, and infrastructure.

Although the United States spends significantly more per person on healthcare than other industrialized nations, our health outcomes are no better — and often worse.

As lawmakers consider changes to healthcare reform, the infographic below highlights some key facts about the American healthcare system. To learn more about possible policy options, see our discussion of healthcare solutions or visit the Peterson Center on Healthcare.

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Infographic: U.S. Healthcare Spending

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Tweet: #Healthcare spending (public and private) rose to 17% of our #GDP in 2022.Total healthcare spending rose to  17% of the economy in 2022.

Tweet: U.S. per person spending on #healthcare is about 2x the average of other wealthy countries.United States per capita healthcare spending is about 2x the average of other wealthy countries.

Tweet: The U.S. spends more per person on #healthcare than other developed countries, but our outcomes are no better.America’s health outcomes are generally no better than those of our peers, and in some cases are worse.

Tweet: The estimated waste in U.S. #healthcare spending is more than we spend on K-12 education.Healthcare experts have estimated that 25% of total healthcare spending goes to unnecessary, ineffective, overpriced, & wasteful services.

Tweet: Rising #healthcare costs are a major driver of our rising #NationalDebt.Healthcare costs are the major driver of increased government spending.

Tweet: Millions of Americans rely on #Medicare, #Medicaid, and #CHIP.Key programs affect millions of Americans.

Expert Views: Fiscal Commission

We asked experts with diverse views from across the political spectrum to share their perspectives.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.