Thursday, October 24, 2019

Egad!

U.S. health care spending increased 3.9 percent to reach $3.5 trillion, or $10,739 per person in 2017. Health care spending growth in 2017 was similar to average growth from 2008 to 2013, which preceded the faster growth experienced during the 2014-15 period that was marked by insurance coverage expansion and high rates of growth in retail prescription drug spending. The overall share of gross domestic product (GDP) related to health care spending was 17.9 percent in 2017, similar to that in 2016 (18.0 percent).

18% of the economy.  I do not think I even spent more than 2 grand in a year on medical expenses.  Who spends 11k per year on hospitals?  The stats tell us almost all of us do.

It is no wonder we have an issue, who puts up ten grand for it they never use it?

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