Single Payer Healthcare System in the Unitedin Other (Other) by vomms
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Single-Payer Healthcare System in the United States Healthcare costs in the United States have been on the rise over the last several decades. In 2018 the United States spent more on healthcare than any other country, . That total is about the same size as Spain and Canada's entire economies combined (Herman, 2019, para. 1). According to a recent study conducted by the Centers for Medicare and Medicaid Services posted in the journal Health Affairs, expenditures are projected to grow at an average annual rate of 5.5 percent for 201827 and represent 19.4 percent of gross domestic product in 2027 (Sisko et al., 2019, para. 1). To put thats into perspective the GDP for the United States in 2018 was trillion dollars. The significance of rising healthcare costs is not just...