US healthcare spending rocketed $900 billion between 1996 and 2013, staggering new data reveal.
Americans spend more money on healthcare than any other population, and increasingly so.
By 2013, total healthcare spending hit $2.1 trillion, according to the study published today in the Journal of the American Medical Association. The researchers say that figure has now likely soared to more than $3.2 trillion, which equates to 18 percent of the country’s economy.