from the American Spectator:
Healthcare Spending to Reach $5.7 Trillion by 2026
Profligacy never had it so good. But for how long?
“National healthcare spending trends are unsustainable in the long term,” President Donald Trump’s budget acknowledges.
An article published earlier this month in the medical policy journal Health Affairs buttresses this simple point. Medical inflation stands to outpace both economic growth and actual inflation. Our spending — government, individual, business, etc. — on healthcare, projected to increase 5.5 percent annually over the next nine years, pushes the total to $5.7 trillion a year by 2026.