The US economy has been in a bit of a pickle over the past year.
The economy has contracted every quarter since late 2011, the worst quarter in a decade.
The economy has fallen into a recession each of the last three quarters.
In February, a key Congressional subcommittee on health said that the nation’s healthcare system is not delivering as many people with serious medical conditions as it could.
In May, President Donald Trump said that a lot of the blame for the healthcare crisis was being shared between healthcare providers and insurers.
In October, the US Chamber of Commerce urged the Trump administration to increase the federal funding for Medicaid to $10 billion, arguing that the government has been losing money on healthcare payments to states.
The latest, and worst, problem for the US is that healthcare costs have skyrocketed.
The average annual increase in healthcare costs from 2011 to 2021 was about $2,400 per person, according to data from the US Bureau of Economic Analysis.
That’s more than $50,000 per year.
That rate of increase has jumped so much that some analysts have warned that healthcare could become unaffordable for many Americans in the next decade.
While healthcare costs continue to rise, the number of Americans who receive free or reduced-price healthcare services is on the rise, according in a report released Thursday by the Urban Institute.
The number of people who receive healthcare in the US each year grew from a little over a million in 2011 to more than a million people in 2021, the report said.
The total number of healthcare services that were provided in 2021 was nearly seven times greater than the number provided in 2011, according the report.