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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.
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 U.S.
https://www.pgpf.org/blog/2019/03/why-are-americans-paying-more-for-healthcare
Medicare covers more than 40 percent of the nation's home health care bills and more than 20 percent of most other health services.
https://www.pgpf.org/chart-archive/0092_medicare_share_costs
Medicaid finances about one-third of all home health and nursing home care spending in the United States.
https://www.pgpf.org/chart-archive/0095_medicaid_home_health
Hospital expenses are the largest category of Medicare spending, but their share has fallen over time.
https://www.pgpf.org/chart-archive/0089_composition_medicare_payments
On average, Medicare benefits far exceed taxes over an individual’s lifetime.
https://www.pgpf.org/chart-archive/0197_Medicare_lifetime_benefits
Significant damage was done to America’s fiscal outlook over the past year.
