Highlights of National Health Expenditures in 2021 - Cost Increases by Year Chart
According to the National Health Expenditures 2021 study, the United States spends more on health care than any other country in the world. In reality, healthcare spending in the United States is substantially greater than in other nations. In 2010, Norway spent 11.3 percent of its GDP on healthcare, whereas Germany spent 12.5 percent of its GDP, or $6,731 per person. This paper focuses on recent developments in health-care costs, including as the COVID-19 epidemic and an increase in Medicaid spending. Altarum's new analysis examines the most recent statistics on health expenditure and costs, employment, and use. The Robert Wood Johnson Foundation is funding the research. According to the report, health-care spending in the United States would rise 9.7 percent in 2020, up from 10.7 percent in 2010. However, the figures may not fully represent the situation, since a recent COVID-19 epidemic has had an impact on some sectors of the country's health-care system. Dr. June Gower de...