Why America spends more on health care than any other developed country
Why America spends more on health care than any other developed country
We often hear that health care accounts for a staggering one-sixth of the U.S. economy. According to the most recent data from the Center for Medicaid & Medicare services, we spend $3.2 trillion a year on health care. That is, indeed, about a sixth of our GDP. Here’s what we spend it on, and why it’s so much.
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