U.S. Healthcare Costs Reach Record 11.6% of GDP
Healthcare spending hits $3.6 trillion in Q3 2025, reflecting a sharp rise in medical expenditures since 2012.
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Terms & Concepts
- GDP (Gross Domestic Product): The total monetary value of all goods and services produced within a country's borders in a specific time period.
- Healthcare Expenditures: The total amount of money spent on healthcare services, including hospital care, physician services, and medications.