Out of the Pocket Spending
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Health expenditures continue to grow and the U.S. spends more on healthcare than any other nation. It continues to be a major part of the economy and health spending is expected to grow over the next several years. The federal government contributed 46 percent of healthcare payments. The overall contribution to healthcare spending has been rising and the percentage government contributes is expected to be about the same amount as it was in 2006. The top three healthcare spending areas for both public and private funders are hospitals, physicians and prescription drugs.Thre-quarters of the private health insurance goes toward the hospitals, physicians, clinical services and prescription drugs. Healthcare out of the pocket spending is continues to be lower in America than most other developed countries. Today, payments are being distributed across more areas including prescription drugs and dental services