NEWMARK KNIGHT FRANK

America's Health Care Economy Keeps Ballooning

Article written by: Bob Herman, Axios, February 21, 2019

Americans spent $3.65 trillion on health care in 2018, according to new preliminary estimates from independent federal actuaries. That total is about the same size as Spain and Canada's entire economies — combined.

Why it matters: U.S. health spending last year was 4.4% higher than in 2017, a rate that is still growing faster than the broader economy — which means more money is being taken out of people's paychecks to pay for a system that continues to worry and frustrate patients... Read the full article here.

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