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2024-06-13 15:03:50

The Federal Reserve, Public Debt, and the Impact of Monetary Policies on the US Economy on Nostr: U.S. Healthcare Spending Reaches Nearly $5 Trillion in 2023, Rising 7.5 Percent ...

U.S. Healthcare Spending Reaches Nearly $5 Trillion in 2023, Rising 7.5 Percent
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#16cb443d ver:0.26

U.S. healthcare spending reached nearly $5 trillion in 2023, rising 7.5%. Medicaid and private health insurance drove the increase. By 2032, healthcare spending is projected to be 19.7% of GDP. U.S. employer spending on health benefits will increase 5.8% to $1.3 trillion this year. Rising interest rates and inflation are putting pressure on the economy, with high debt and record credit card balances. The U.S. government is projected to pay $870 billion in interest in 2024. The Biden administration has borrowed $1.2 trillion in the first eight months of fiscal year 2024. Fiscal deficits need to be reduced to avoid potential cuts to Social Security benefits. #healthcare #economy #inflation #debt...

#newstr #HealthBenefits #EmployerSpending #Enrollment #CostGrowthRate

https://here.news/story/16cb443d?ver=0.26
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