With passing times, the household incomes of U. S. people are falling down, whereas the health care costs are escalating quickly. To live a good life, people need higher amounts of money in the present scenario, but then their salaries are slumping badly. In the last decade, U. S. has showcased a 36% increase in their health care spending per capita.
In 2000, when the total cost of health care was divided by the number of persons living is U. S. then the cost per person was calculated as $6,177; whereas, in 2010, the same was deliberated as $8,402. This clearly shows, that in last one decade, there has been noticed a direct 50% jump in the total U. S. health care spending. From $1.75 billion, it jumped to $2.59 billion.
However, during the same period, after considering the inflation flow, the salaries were found reduced by 6.4%. In the year, 2000, it was calculated as $28,293 per capita which was reduced to $26,487 in 2010.
The amount of earnings that are spent over healthcare annually should be in accordance to the salaries that are earned for paying the same. Only then a balanced cycle could be maintained.
But the bad luck; nothing went this way. And therefore instead of a shoot up, both the average salaries and household incomes of U. S. people were found on a diminishing way by the end of 2010.
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