
Where do your premium dollars go?
How’s this for an understatement: Healthcare is expensive. Just how expensive is it? According to the Centers for Medicare and Medicaid Services (CMS), in 2020, the U.S. spent $4.1 trillion — or $12,530 per person—on healthcare. That’s 19.7 percent of the Gross Domestic Product (GDP), meaning we’ve now reached the point where nearly one of every five dollars in the U.S. is spent on healthcare. … Continue reading Where do your premium dollars go?