
Long-Term Federal Healthcare Spending
Healthcare is the major driver of the projected growth in federal spending over the long term.
https://www.pgpf.org/chart-archive/0133_health_care_projected_federal
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Healthcare is the major driver of the projected growth in federal spending over the long term.
https://www.pgpf.org/chart-archive/0133_health_care_projected_federal
Waiting to act raises the cost of stabilizing the debt.
Health expenditures of state and local governments are projected to crowd out non-health spending.
The percentage of children without health insurance has declined since 1997.
The cost of healthcare in the U.S. was nearly $1.5 trillion in 2018.
https://www.pgpf.org/chart-archive/0169_federal_health_spending_composition
Low-income seniors rely on Social Security benefits for a major share of their retirement income.
https://www.pgpf.org/chart-archive/0018_social-security-low-income
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.
Every year the Social Security and Medicare Boards of Trustees issue reports on the fiscal health of these vital programs.
https://www.pgpf.org/analysis/social-security-medicare-trustees-reports
Medicare faces significant financial challenges in future years because of rising healthcare spending and an aging population.
https://www.pgpf.org/analysis/2019/04/trustees-funding-challenges-threaten-medicare%E2%80%99s-future