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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.
Programs that millions of Americans depend on and care about may be feeling a squeeze from interest costs on our high and rising national debt.
The dust has barely settled on the midterm elections, but there are a number of key fiscal issues not only facing the current Congress in coming weeks, but also awaiting the new Congress, which will convene in early 2019.
