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For context 1: "U.S. health care spending grew 4.6 percent in 2019, reaching $3.8 trillion or $11,582 per person. As a share of the nation's Gross Domestic Pro
by mjevans 5y ago
For context 1: "U.S. health care spending grew 4.6 percent in 2019, reaching $3.8 trillion or $11,582 per person. As a share of the nation's Gross Domestic Product, health spending accounted for 17.7 percent."
According to the US Gov "Centers for Medicare & Medicaid Services", in 2019 (pre pandemic) the US was already spending 3.8 trillion (~3.5x the estimate) or $11,582 per person and not fully serving everyone in the process. Maybe the medical bickering/billing departments raise the price 2-3 times.
1: https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/NationalHealthAccountsHistorical https://www.cms.gov/Research-Statistics-Data-and-Systems/Sta...