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Digging Into the Money Behind the US Healthcare System

Digging Into the Money Behind the US Healthcare System

The United States spends a lot of money on healthcare. To better understand how much, who spends it, and what it’s spent on, we dug into the federal government’s data.  In 2024, the most recent year for which data was available, the U.S. spent $5.3 trillion on healthcare. That means an average of more than $14.4 billion was spent each day, and more than $10 million each minute. Health spending per person increased to an average of $15,474 in 2024, not necessarily because we’re sicker, but because of increased prices. According to the Peterson-KFF Health System Tracker, the...

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Wayne G Fraser
HALO Contributor
Insurance Broker Insurance Industry
State Georgia, North Carolina, South Carolina
NPN 17934945

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