Healthcare’s consumption of contributor resources
Healthcare consumed about 37 percent of the federal government’s revenue and six percent of household income as of 2013 in the United States. Almost 340 billion U.S. dollars spent on health care expenditure was funded out-of-pocket, while Medicare expended 550 billion U.S. dollars as of 2013. Among the citizens in the United States, 29 percent of per capita health care expenditure was spent on professional services, 27 percent on hospital care, and 9 percent on prescription drugs back in 2009. Additional health care costs include ambulance services, nutrition supplements, and supervisory care. Consumers in the United States spend a large percentage of their money on alternative and supplemental health products such as functional foods and vitamins.
National health expenditure in the United States has gradually increased over the last decades. In 1980, national expenditure was 255.8 billion U.S. dollars which increased to 2,919 billion U.S. dollars in 2013. Rising costs in the United States is likely to put more pressure on consumers through out-of-pocket spending. Increased costs may lead consumers to avoid acquiring necessary health care and thus, create higher costs in the future.