How much is spent on healthcare per year the U.S., and what does this amount represent per person?

Question

Brian Moore · Accepted Answer

The 2023 CMS Healthcare Expenditure Report revealed an eye-opening total of $4.9 trillion spent on healthcare, averaging about $14,570 per person.

Larry Dalton · Answer

There are two categories to consider: the U.S. spends an average of $12,000 per person, per year on those under Medicare A & B with a Medigap plan.  This amount is less than the payout for Medicare Advantage customers in 2023.  

In 2023, the U.S. spent a total of $839 billion, and is projected to increase to over 1.6 trillion by 2023.

Joseph Meyers · Answer

I was surprised to find out that each person in the u.s. accrued about $14,500 per year in Healthcare costs or appx $4.9 trillion across the whole USA.

Don Hudson · Answer

The US spends approximately 12,000+ dollars per year for each person on Medicare as of 2023. A total of approximately 4.8 trillion overall for everyone in the US. This was approximately a 7.5% increase from the previous year (2022).

Answered by Don Hudson on April 29, 2025

Broker Licensed in FL

Answered by Don Hudson Medicare Insurance Agent

Fred Manas · Answer

in 2023 U.S. health care spending reached $4.9 trillion or $14,570 per person accounting for 17.6 % of US  GDP.

Aisha Saleem · Answer

About$4.9 trillion was spent on healthcare in the U.S. so, that's about $14,570 spent on healthcare per person in the USA, according to the 2023 CMS Healthcare Expenditure Report.

Chuck Winslow · Answer

Yeah, it’s crazy—last year we spent around $4.9 trillion on healthcare in the U.S. That’s about $14,570 for every person. And even with all that money being thrown around, folks are still having a hard time getting the care they need. Just doesn’t add up, does it?

Answered by Chuck Winslow on April 30, 2025

Agent Licensed in IN

Answered by Chuck Winslow Medicare Insurance Agent

Patrick Stinson · Answer

About $4.9 trillion. That equals about $14,570 ish per person. The federal government pays around 32-35%.

How much is spent on healthcare per year the U.S., and what does this amount represent per person?

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How much is spent on healthcare per year the U.S., and what does this amount represent per person?

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