For the Middle Class
[By staff reporters]
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Conclusion
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Filed under: Health Insurance | Tagged: On Healthcare Spending |
U.S. Healthcare Spending Rose to $3.6 Trillion in 2018
Health Affairs recently published a report on healthcare spending trends in the United States. Here are some key findings from the report:
• U.S. healthcare spending increased 4.6% to reach $3.6 trillion in 2018.
• The share of the economy devoted to healthcare was 17.9% GDP in 2016-17 and 17.7% in 2018.
• The net cost of health insurance increased 13.2% in 2018 after growing 4.3% in 2017.
• Personal healthcare spending accounted for 84% of total health spending and grew 4.1% in 2018.
Source: Health Affairs, December 5, 2019
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