Health Care

Record-high health care spending hits $3.2 trillion in 2015

Health care spending in the United States grew 5.8 percent in 2015, hitting a record high of $3.2 trillion, according to the latest estimates from the Centers for Medicare and Medicaid Services.

Last year, health care spending in the United States totaled $3 trillion—or $9,523 a person. This year, per-person expenditures went up to $9,990.

“The faster growth in 2014 and 2015 occurred as the Affordable Care Act expanded health insurance coverage for individuals through Marketplace health insurance plans and the Medicaid program,” the report said.

The federal government is the biggest driver of health care spending and in 2015, 29 percent of the nation’s health care bill was due to the feds.

“Federal government spending on health increased 8.9 percent in 2015 after growing 11.0 percent in 2014, and outpaced all other sponsors of health care in both years,” the report said. “In 2015, the federal government was the largest sponsor of health care at 29 percent, up from 28 percent in 2014 and 26 percent in 2013.”

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