national healthcare spending
PRIVATE insurance Spending
U.S. families are burdened with the world’s costliest healthcare.
Americans have cut back household spending to pay for healthcare or medicine.
45% of American adults fear that a major health event in their household could lead to bankruptcy. Even with employer health coverage, a family earning $45,000 a year must budget at least 20% of their income for health expenses including premiums and out-of-pocket costs.
Can you afford healthcare in the future?
You and your employer pay a lot for healthcare. Now and in the future.
Healthcare spending is failing U.S. education.
Childhood education is suffering under the weight of rising state spending on Medicaid. America’s children — our future — deserve better. We need to control rising healthcare costs so they don’t push aside other important priorities.
Drug profits are getting healthier as Americans get sicker.
Food. Clothing. Rent. Utilities. Many Americans must make hard choices to afford medications. Even worse, almost one in five forgo needed prescription drugs due to cost. With drug companies charging higher and higher prices, fewer Americans will be able to afford the drugs they need.
Healthcare prices are skyrocketing.
Going to the hospital can be a huge financial blow for Americans. Insurers, employers, and everyday people all feel the pain of rising healthcare prices, including hospital stays, physician visits and prescription drugs. Unless we act now, we can expect the cost of a hospital stay to reach $135,000 by 2040.
Spending on healthcare is stifling business growth.
will be spent this year to support employee healthcare.
As a business spends more and more for employee health insurance, less and less is left for investing in their company’s future. It’s no wonder Warren Buffett calls healthcare “the tapeworm of the U.S. economy.”