The US rate of healthcare data show that expense will keep rising much faster than inflation and personal income growth. That supports the arguments of an unsustainable healthcare system. Already healthcare expenditure is close to 20% of the GDP. If the can is being kicked down the road, for how long? (data: www.CMS.gov)
US percentage growth of healthcare expense compared to rise in incomes and inflation
As the American population ages, there will be more Medicare recipients (65+ years). That means future policy decisions will be heavily influenced by this age group, as their health priorities change with age related concerns. We already started to see the impact: In 37 states, pension contributions to state-funded Medicaid grew more than their tax revenues between 2007 and 2014. Should we pay for next generation or the previous one? (data: www.census.gov.)
US population of 65+ years old (medicare recipients) and their percentage of the total US population
US Healthcare expense data as a percent of GDP. Every fifth dollar spent is already going to healthcare. (data: CMS.gov.)
US healthcare expense as a percent of GDP
In 2018, the US per person healthcare expense projection was $11,193 almost one-fifth of per capita GDP (18.2% of $61,467). By 2025, the expectation is that it will rise to 19.4%. Data from www.CMS.gov.
US per person healthcare expense