Healthcare spending passes $11,000 a person

By Kimberly Leonard

Published December 5, 2019 9:04pm ET

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Healthcare spending passes $11,000 a person — The pace of health care spending growth is a central issue to the nation's long-term fiscal condition, as health programs -- led by Medicare and Medicaid -- are the the largest components of the federal budget. (thinkstock) | vaeenma

Healthcare spending for each person living in the United States surpassed $11,000 in 2018 for the first time, bringing the total spending on healthcare to $3.6 trillion.

Healthcare spending grew slower than the economy as a whole, though, meaning that healthcare spending as a share of GDP decreased to 17.7%, down from 17.9% in 2017.

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