August 12, 2015
Healthcare Spending is Through The Roof! But How Does it Affect You?
Did you know that in 2012 the United States spent $2.8 trillion dollars on health care? That’s about $8,915 per person! Where does all this money go and how is it spent? Hospital care is the largest expenditure for health care. Their spending includes out of pocket, private insurance, Medicare, Medicaid, other public insurance, and other payers. Other services that spend billions of dollars on health care are physician and... Read More
March 14, 2014
Health care is a hefty expense in the United States, and over the years has contributed greatly to our nation’s debt. According to the article written by John Ydstie, the Congressional Budget Office recently stated that the deficit is about to be one-third the size in 2014 than it was in 2009, which prompted the Great Recession. The high cost of health care also threatens funding to government assistance programs such as Medicare and Medicaid. This poses a huge problem because in a country with... Read More