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US health care tab hits $3.2 Trillion; fastest growth in 8 years


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(Worthy News) - The nation's health care tab grew at the fastest rate in eight years in 2015, driven by the coverage expansion in President Barack Obama's law and by costly prescription drugs, the government said Friday.

The growth of 5.8 percent in 2015 boosted total health care spending to $3.2 trillion. That's an average of $9,990 per person, although the vast share of that money is spent caring for the sickest patients.

Health spending grew about 2 percentage points faster than the overall economy in 2015, said the report from nonpartisan economic experts at the Department of Health and Human Services. That's a problem because it makes it harder for government programs, employers, and individuals to afford the level of health care that Americans are used to having. [ Source ]

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When are we going to start working on lowering the cost of Healthcare instead of fighting over who has to pay for it.

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34 minutes ago, other one said:

When are we going to start working on lowering the cost of Healthcare instead of fighting over who has to pay for it.

Because we are too busy making jobs by building extravagant new hospitals, which then employ a large percentage of the community. The large hospitals here do multi-million dollar expansions, then new hospitals are built. 

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Obviously this cant be true. Obamacare is affordable health care and costs would go down. 

SARCASM.

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I am not sure there is a way to "fix" the cost issues.  Healthcare is viewed as a commodity and as such it follows the laws of supply and demand. Demand is far outpacing supply thus the prices will rise, you cannot stop this without increasing the supply, which is not being done.

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4 hours ago, hmbld said:

Because we are too busy making jobs by building extravagant new hospitals, which then employ a large percentage of the community. The large hospitals here do multi-million dollar expansions, then new hospitals are built. 

That is true. But then costs go up.

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