
Medical Spending Grows with Age
Medical spending increases rapidly with age.
https://www.pgpf.org/chart-archive/0020_medical-spending-by-age
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Medical spending increases rapidly with age.
https://www.pgpf.org/chart-archive/0020_medical-spending-by-age
Over one-third of American children are covered by Medicaid or the Children's Health Insurance Program (CHIP).
https://www.pgpf.org/chart-archive/0097_children_medicaid_chip
“By any measure, the state of the Union’s fiscal outlook is unsustainable, and getting worse,” said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Medicare and Medicaid account for the majority of federal healthcare spending
https://www.pgpf.org/chart-archive/0169_federal_health_spending_composition
The portion of health spending paid by the government is growing.
https://www.pgpf.org/chart-archive/0090-composition-health-spending
Prescription drug costs have increased significantly over the past several decades.
https://www.pgpf.org/chart-archive/0319-prescription-drug-costs
Government health insurance is paying for a larger share of prescription drug expenditures.
https://www.pgpf.org/chart-archive/0320-prescription-drug-costs-composition
Total U.S. health spending (public and private) is projected to rise to nearly one-fifth of the economy by 2025.
https://www.pgpf.org/chart-archive/0056_health-care-costs-proj
Healthcare costs in the U.S. have increased drastically over the past several decades.