Single Payer Healthcare - Effect on Medical Industry

[XenaLives]

A detailed look at rising healthcare costs -

"Most of the recent health spending growth is in insurance programs, both private and public. Private insurance expenditures now represent 34% of total health spending (up from 21% in 1970), and public insurance (which includes Medicare, Medicaid, CHIP, and the Veterans Administration and Department of Defense), represented 41% of overall health spending in 2017 (up from 22% in 1970). Although Out-of-pocket costs per capita have also been rising, compared to previous decades, now makes up a smaller share of total health expenditures."

https://www.healthsystemtracker.org/chart-collection/u-s-spending-healthcare-changed-time/#item-per-enrollee-spending-growth-has-slowed-recently-for-all-major-payers_2017