Posted on 12/15/2022 7:45:24 AM PST by ChicagoConservative27
U.S. spending on health care grew by 2.7 percent to reach a total of $4.3 trillion in 2021, or around $12,900 per person, according to new figures from the Centers for Medicare & Medicaid Services (CMS).
Although this growth was slower than the increase of 10.3 percent in 2020, out-of-pocket health care spending accounted for 10 percent of the overall share last year and increased by 10.4 percent — a rate not seen since 1985.
In comparison, out-of-pocket spending fell by 2.6 percent in 2020 amid the COVID-19 pandemic, as Americans put off doctor’s appointments and other health services.
The spike was driven in part by increased use of dental services, eyeglasses and medical supplies in 2021 following the 2020 decline, CMS’s Office of the Actuary found.
The National Health Expenditures Report has been collecting U.S. health care spending data since 1960.
The number of uninsured individuals in the United States decreased for the second year in a row in 2021, thanks to increased enrollment in Medicaid and private health insurance, authors noted.
Roughly 8 percent of Americans, or 26 million people, are currently living without health insurance, marking an all-time low.
(Excerpt) Read more at thehill.com ...
Government needs to get out of the way
Plus companies are increasing copays and the levels at which lower copays kick in. It’s been a gradual increase for the past several years.
“Government needs to get out of the way” of...
* Education
* Health Care
* Energy
Everything they touch to either lower costs or improve service turns to absolute sh!t.
Graying of our population, rampant obesity, illegals. It all ads up to higher HC cost.
Going to get worse.
Yes. Every generation is getting worse on health. Boomers killing themselves with spoons and sugar. Gen x y z etc already have diabetes via carbs sugar. Gonna get worse going forward.
Time to return medicine to a nonprofit service.
The biggest HC companies are non profits.
Healthcare companies make big profits as government contractors.
When actually has healthcare been non-profit?
Health Maintenance Organization Act of 1973
One take:
https://healthcare.uslegal.com/managed-care-and-hmos/the-hmo-act-of-1973/
I tried today to sign up for Medicare. It was a nightmare. I gace up on it.
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