Posts by tag: health care

How much do Americans pay for health care each year?

• Kaius Sterling
• July 18, 2023
• 0 Comments

As an American, it's pretty concerning to see just how much we are spending on health care each year. On average, we're shelling out around $11,000 per person annually. This figure is even more staggering when you consider it's more than twice the average of other developed nations. High costs of insurance, medications, and medical procedures are the main culprits behind this. Bottom line, we are paying a significant portion of our income on health care, which is enough to make anyone feel a bit sick.