Fun fact: Public healthcare spending in the USA is at about 7% of GDP between Medicare, Medicaid, and military healthcare. The US governments spend more on healthcare as a percentage of GDP than many countries spend giving it to everyone.

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bilekas 2 days ago | parent [-]

> The US governments spend more on healthcare as a percentage of GDP than many countries spend giving it to everyone

Is this a product of inflated prices ? Or is this research funding for example ? I'm curious what the complete definition for Healthcare spending actually is.

	▲	lotsofpulp 2 days ago \| parent [-]
		Research funding is a rounding error. https://fiscaldata.treasury.gov/americas-finance-guide/feder... $965B is Medicare - healthcare for old people $885B is Health (aka Medicaid) - healthcare for poor people $360B Veterans Benefits and Services - at least half of this is healthcare for active and retired military (subset of federal government employees) The healthcare for non military federal government employees is not included in the above amounts, nor is the state government and lower government level spending on healthcare for employees. Combine the above numbers with $1.45T in Social Security (cash given to old people), and all other US federal government expenses pale in comparison to wealth transfers to old and sick people.