Gov't report: US health care tab hit $3.3T in 2016 - Toledo News Now, News, Weather, Sports, Toledo, OH

Gov't report: US health care tab hit $3.3T in 2016

Most of the cost is for the sickest people, with 5 percent of the population accounting for about half the spending. (Source: RNN) Most of the cost is for the sickest people, with 5 percent of the population accounting for about half the spending. (Source: RNN)

WASHINGTON (AP) - The government says U.S. health care spending reached $3.3 trillion last year, which averages out to $10,348 for every man, woman, and child.

The 4.3 percent annual increase actually represented slower growth than in 2015, but health care spending still grew faster than the economy. Health care accounted for 17.9 percent of the economy in 2016.

Wednesday's update comes from the Office of the Actuary, an economic analysis unit of the Health and Human Services department.

Hospitals accounted for more than 30 percent of spending, clinicians represented 20 percent, and prescription drugs accounted for 10 percent.

Most of the cost is for the sickest people, with 5 percent of the population accounting for about half the spending.

Health care keeps growing faster than the economy, making it harder to afford.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • National politicsMore>>

  • Trump defends tax plan, proclaims economy set 'to rock'

    Trump defends tax plan, proclaims economy set 'to rock'

    Saturday, December 16 2017 3:16 AM EST2017-12-16 08:16:02 GMT
    Saturday, December 16 2017 11:10 PM EST2017-12-17 04:10:09 GMT
    (AP Photo/J. Scott Applewhite). House Ways and Means Committee Chairman Kevin Brady, R-Texas, is pursued by reporters in the Capitol after signing the conference committee report to advance the GOP tax bill, in Washington, Friday, Dec. 15, 2017.(AP Photo/J. Scott Applewhite). House Ways and Means Committee Chairman Kevin Brady, R-Texas, is pursued by reporters in the Capitol after signing the conference committee report to advance the GOP tax bill, in Washington, Friday, Dec. 15, 2017.

    Republicans working to execute their first major legislative achievement of Donald Trump's presidency appear to have secured the votes to pass a massive tax overhaul that Trump hoped to present to Americans. 

    More >>

    Republicans working to execute their first major legislative achievement of Donald Trump's presidency appear to have secured the votes to pass a massive tax overhaul that Trump hoped to present to the American people for Christmas.

    More >>
  • After Alabama, abortion may be backseat issue in 2018 races

    After Alabama, abortion may be backseat issue in 2018 races

    Saturday, December 16 2017 12:06 PM EST2017-12-16 17:06:09 GMT
    Saturday, December 16 2017 11:10 PM EST2017-12-17 04:10:05 GMT

    Both Democratic and Republican operatives say abortion may take a backseat to other issues in 2018 now that conservative Alabama has elected a Democrat who supports abortion rights.

    More >>

    Both Democratic and Republican operatives say abortion may take a backseat to other issues in 2018 now that conservative Alabama has elected a Democrat who supports abortion rights.

    More >>
  • A CDC ban on 'fetus' and 'transgender?' Experts alarmed

    A CDC ban on 'fetus' and 'transgender?' Experts alarmed

    Saturday, December 16 2017 7:49 PM EST2017-12-17 00:49:07 GMT
    Saturday, December 16 2017 11:10 PM EST2017-12-17 04:10:00 GMT

    Health leaders say they are alarmed about reports that officials at the nation's top public health agency are being told not to use certain words in official budget documents, including "fetus," and "transgender.".

    More >>

    Health leaders say they are alarmed about reports that officials at the nation's top public health agency are being told not to use certain words in official budget documents, including "fetus," and "transgender.".

    More >>
Powered by Frankly