Key Points
What’s This?
- Healthcare spending in the U.S. reached $4.867 trillion in 2023, a 7.5% increase from the previous year.
- Americans spent about $4,000 on health insurance in 2023, up nearly 20% from five years earlier.
- Hospitals and doctors’ offices are paying more for workers, in large part due to worker shortages, rising wages and high turnover.