US Health Care Spending Expected to Outpace Economic Growth Over Next Decade

A federal analysis released this week projects that U.S. healthcare spending is set to rise to $7.7 trillion by 2032 and account for nearly 20% of the nation’s economy, findings that single-payer advocates described as yet another indictment of the country’s for-profit system and further evidence of the need for Medicare for All. The Centers for Medicare and Medicaid Services’ (CMS) Office of the…

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This post was originally published on Latest – Truthout.