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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 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
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
Healthcare in the United States is very expensive — but we don’t get what we pay for.
https://www.pgpf.org/blog/2020/03/why-the-american-healthcare-system-underperforms
The proportion of the population who are uninsured began increasing in 2017.
Medicare and Medicaid account for the majority of federal healthcare spending
https://www.pgpf.org/chart-archive/0169_federal_health_spending_composition
“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.