The report also includes information on 2012 total healthcare spending in the U.S., which totaled $2.6 trillion. Here’s a breakdown of where that money was spent, according to the CBO.
- Payments by private health insurers — $917 billion (35 percent)
- Medicare — $572 billion (22 percent)
- Medicaid and the Children’s Health Insurance Program — $434 billion (16 percent)
- Consumers’ out-of-pocket spending — $328 billion (12 percent)
- Other (public spending) — $231 billion (9 percent)
- Other (private spending) — $151 billion (6 percent)
More Articles on Healthcare Spending:
The History of Healthcare Spending Growth: 3 Key Takeaways
CBO Releases Long-Term Budget Outlook: 5 Things to Know About Federal Healthcare Program Spending 10 Countries Spending the Most on Healthcare
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