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Annual U.S. Healthcare Spending Hits $3.8 Trillion
The last time I wrote this headline was in 2012 and the amount was $3 trillion (here). To arrive at that figure in 2012 I added the Sustainable Growth Rate deficit (accrued over 10 years) to our National Healthcare Expenditure. The combined total was effectively $3 trillion. Complexities and history aside, the Sustainable Growth Rate (SGR) deficit is on the books, it is all healthcare spending, so it really needs to be included in any figure summarizing annual healthcare spending. Read more…
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