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Health Insurance

In less than 10 Years, AMERICA will Spend $1 of Every $5 Dollars on Health care

In less than 10 Years, AMERICA will Spend $1 of Every $5 Dollars on Health care

Across the country, American workers, their families, and small businesses are struggling with rising health care costs and policies that put quality, affordable care out of reach. A new report by the Centers for Medicare and Medicaid Services (CMS), published in the magazine Health Affairs, estimates that spending on health care grew to 17.3 percent of the U.S. economy – a record and the largest one-year jump since 1960.

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