Did you know that the U.S. spends 3.5 trillion on healthcare per year? This is more than every other country and about 18% of our countries’ gross domestic output (GDP).

Of that $3.5 trillion, $1.5 trillion, is financed by the federal government.

That’s 8 percent of the economy toward health care.

By 2028, we estimate these costs will rise to $2.9 trillion, or 9.7 percent of the economy. Over time, these costs will continue to grow and consume an increasing share of federal resources.

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