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Even if you exclude the private insurance market (!) and look only at public health costs, the US picture is dismal. - 944 billion on Medicare (federal) - 805
by Amezarak 3y ago
Even if you exclude the private insurance market (!) and look only at public health costs, the US picture is dismal.
- 944 billion on Medicare (federal)
- 805 billion on Medicaid (federal + state)
- 118 billion on VA health costs
- 21 billion on CHIP
That's 1.5 trillion alone, and that doesn't count ACA subsidies, or other state and local government-owned or subsidized medical facilities. That's $5800/year per capita - ALL persons in the US, whether they have private or public or no insurance. US government per capita health care spending is already higher than many European countries and a little more than two-thirds the Swiss number you mention. While US private health insurance companies don't help the situation, neither are they a main cause of US health care costs.