Read or listen to any report on the government’s budget and you’re almost certain to hear one thing: that healthcare eats up a huge part of it. In fact, it clocks in at around $3 trillion—an astonishing amount by any measure. That amounts to 18 percent of the nation’s gross domestic product (GDP), the output of goods and services.
If you’ve ever wondered where that money actually goes, we’ve run the numbers, using data from the Centers for Medicare and Medicaid Services.
Here we count down how the healthcare pie is split, from the “smaller” pieces to what costs the most. Read on to find out how you spend $3 trillion…
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