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

Answered by 5 licensed agents

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

Answered by Brian Moore on February 16, 2025

Broker Licensed in OH

Answered by Brian Moore Medicare Insurance Agent
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.

Answered by Larry Dalton on April 5, 2025

Broker Licensed in OK & TX

Answered by Larry Dalton Medicare Insurance Agent
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.

Answered by Joseph Meyers on April 7, 2025

Broker Licensed in MI & TN

Answered by Joseph Meyers Medicare Insurance Agent
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.

Answered by Aisha Saleem on March 17, 2025

Agent Licensed in MD & FL

Answered by Aisha Saleem Medicare Insurance Agent
in 2023 U.S. health care spending reached $4.9 trillion or $14,570 per person accounting for 17.6 % of US GDP.

Answered by Fred Manas on April 21, 2025

Agent Licensed in NY, CT, DC & 7 other states

Answered by Fred Manas Medicare Insurance Agent

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