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Why National Healthcare Continues To Fail

The data on the expenditures related to healthcare in America are alarming. National health care spending is growing at a rate of 5.6% a year. There are arguments that the Affordable Care Act (Obamacare) has curbed the growth of costs related to healthcare, others argue that it has compounded the growth in costs. The current system covers about 90.9% of the us population. 10% of the population would rather pay the tax penalty (typically less than $1000) than pay for health insurance (typically $600 to $1200 per month depending on income level).

Health Care as a Percentage of GDP

As you can see from this chart published by the National Health Care Expenditures, about 17.8% of the nation's Gross Domestic Product goes to pay for healthcare. Let me put this into perspective. The cost of heath care has reached beyond the cost of housing in America - According to data from the National Association of Home Builders, the percentage of GDP for housing is roughly 12% to 13% of GDP.

The Affor…

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