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HOW MUCH IS SPENT ON PERSONAL
HEALTHCARE IN THE US?
Personal healthcare spending has grown by $4.3 trillion over the past 45 years, a 2,005% increase. These expenditures went from $214.3 billion in 1980 to $4.5 trillion in 2024; at the per-person level, spending went from $943 to $13,265.
During that half century, the population grew by 50% and consumer prices in general went up 281%. Specific trends that impact healthcare spending to increase faster than inflation are: technological developments, demographic changes (particularly an aging population), changes in how people use and access healthcare, and price increases for healthcare-related goods and services. Read more >
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