The High Cost of Health Care

How much are we spending on healthcare? Before we can look at why insurance premiums are going up, we should take a look at how much the U.S. spends on health care.

In 2007, we spent $2.2 trillion on health care
In 2010, we spent $2.6 trillion on health care
In 2018, we are projected to spend $4.4 trillion on health care.

Health care costs and premiums go hand-in-hand. If cost go up, so do premiums.