
State and Local Health Spending
Health expenditures of state and local governments are projected to crowd out non-health spending.
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Health expenditures of state and local governments are projected to crowd out non-health spending.
Medicare spending is projected to rise rapidly.
https://www.pgpf.org/chart-archive/0276_medicare_spending_long-term
Medicare's Hospital Insurance trust fund will be depleted in 2026.
General revenue — not the Medicare payroll tax — is now the largest source of Medicare’s financing.
By the Numbers: 2020 Trustees Reports
https://www.pgpf.org/chart-archive/0321_trustees_reports_2020
Social Security and Medicare are facing serious financial difficulty in the near future.
High healthcare spending is not necessarily a bad thing, especially if it leads to better health outcomes. However, that is not the case in the United States.
https://www.pgpf.org/blog/2020/04/why-are-americans-paying-more-for-healthcare
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.
https://www.pgpf.org/chart-archive/0056_health-care-costs-proj