The United States spends about 18 percent of its gross domestic product on health care, nearly twice as much as most other developed countries. The CBO has identified federal spending on government health programs as a primary cause of long-term budget deficits. And while the rise in health care spending in the U.S. has slowed in the past four years, it is still expected to rise faster than the gross domestic product.
Much of this is driven by the highest cost-of-service in the world, and when you look at the top lobbyists in D.C., it is no surprise as to why this is the case.
