US health care costs expected to hit $8 trillion in 10 years: Report
(NewsNation) — Annual health care spending in the U.S. is projected to reach $7.7 trillion by 2032, according to new federal actuaries projections, marking a $2.9 trillion increase from last year. Spending is expected to grow 5.6% annually during the 2023-2032 projection period, surpassing the anticipated 4.3% annual inflation rate. By 2032, healthcare will account for … Read more
