Healthcare Spending Will be One-Fifth of the Economy within a Decade
Healthcare spending in the United States is rising, with serious implications for the federal budget.
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Healthcare spending in the United States is rising, with serious implications for the federal budget.
A new organization established by the Peterson Foundation, announced three major initiatives to advance the Center's mission to transform U.S. healthcare.
https://www.pgpf.org/blog/peterson-center-on-healthcare-launches
To further efforts to reduce the costs and improve the quality of health care in this country, PGPF has provided grant money to the Institute of Medicine, the health arm of the National Academy of Science.
https://www.pgpf.org/what-we-are-doing/grants/addressing-the-costs-and-quality-of-healthcare
The rise in healthcare spending was largely driven by the federal response to the COVID-19 pandemic.
https://www.pgpf.org/blog/2022/01/healthcare-spending-reaches-a-record-high
Healthcare spending in the United States totaled 18.3 percent of gross domestic product (GDP) in 2021.
https://www.pgpf.org/blog/2023/04/healthcare-spending-in-the-united-states-remains-high
Despite higher healthcare spending per capita, the U.S. generally does not have better health outcomes.
https://www.pgpf.org/chart-archive/0252_health_outcomes_spending
The primary role of the Senior Director, Tax Policy, is to track, research, analyze and assess the impacts of current, proposed and potential federal tax and revenue policies.
https://www.pgpf.org/about/careers/senior-director-tax-policy
The Senior Director will engage with a range of research organizations from across the ideological spectrum to initiate new ideas, refine existing ones, and promote the combination of those most likely to address America’s long-term fiscal challenges.
https://www.pgpf.org/about/careers/senior-director-fiscal-policy
One of the largest drivers of that rising debt is federal spending on major healthcare programs, such as Medicare and Medicaid.