U.S. government spent more on health care in 2022 than six countries with universal health care combined

MicroWave@lemmy.world to News@lemmy.world – 777 points –
U.S. government spent more on health care in 2022 than six countries with universal health care combined
statnews.com

American taxpayers footed the bill for at least $1.8 trillion in federal and state health care expenditures in 2022 — about 41% of the nearly $4.5 trillion in both public and private health care spending the U.S. recorded last year, according to the annual report released last week by the Centers for Medicare and Medicaid Services.

On top of that $1.8 trillion, third-party programs, which are often government-funded, and public health programs accounted for another $600 billion in spending.

This means the U.S. government spent more on health care last year than the governments of Germany, the U.K., Italy, Spain, Austria, and France combined spent to provide universal health care coverage to the whole of their population (335 million in total), which is comparable in size to the U.S. population of 331 million.

Between direct public spending and compulsory, tax-driven insurance programs, Germany spent about $380 billion in health care in 2022; France spent around $300 billion, and so did the U.K.; Italy, $147 billion; Spain, $105 billion; and Austria, $43 billion. The total, $1.2 trillion, is about two-thirds of what the U.S. government spent without offering all of its citizens the option of forgoing private insurance.

141

You are viewing a single comment

"If we adopted universal health care tomorrow without consideration of the issues, the worldwide economy would take a massive hit"

I think that's a lie certain people are spreading who fear change to make other people fear change too.

If you took a middle school economics class and did a basic Google search you would change your mind.

All the stuff I said is independently verifiable.

Wow that sounds amazing, thank you for the advice! 😀 Will ask around in a nearby school soon. Would duckduckgo also work for the "google" part?

Edit: linking your sources instead of claiming "a basic google search proves me right" should be a given.

bold of you to assume we were properly educated about the real world at any time in our American upbringings