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Healthcare costs in the U.S. have increased drastically over the past several decades.
Total U.S. health spending (public and private) is projected to rise to nearly one-fifth of the economy by 2025.
Consumer out-of-pocket spending is declining as a share of national health spending.
Medicare and Medicaid finance more than half of total nursing home care costs.
General revenue — not the Medicare payroll tax — is now the largest source of Medicare’s financing.
Medicare's Hospital Insurance trust fund will be depleted in 2026.
Medicare spending is projected to rise rapidly.
The cost of healthcare in the U.S. was nearly $1.5 trillion in 2018.