I need some help on this folks. The numbers I'm finding and figuring just aren't making any sense. If they are correct why isn't somebody
screaming about it.
Some quick background. One of the companies I consult with has me doing some preliminary research on Health Care plans and costs for their employees.
I've got a couple of two inch thick proposals from agents to weed through and make recommendations on different plans, levels of coverage and cost
to company and employee out of pocket liabilites.
I've done this before but it's been a while, things have changed a lot and, frankly, I'm in favor of Single Payer Universal Health Care for all for
many reasons so I wanted to do a little research about the 'average' amount we (US residents) actually pay for health care irrespective of the
funding source. I found this National Health Expenditure Projections 2010-2020 report @
It states that in 2010 we, as a nation, spent $2.6 trillion dollars on Health Care. Granted when I saw that number I freaked and haven't yet read
the entire report so I don't know exactly what qualifies as a 'Health Expediture'.
Then I looked up the popluation numbers from the 2010 census (separately and in Table 1 of the referenced report). The Population of the US in 2010
is offically 310.3 Million people.
Here's what I can't get my head around - it just has to be wrong:
$2.6 Trillion Dollars = $2,600,000,000,000 (Trillions, Billions, Millions, Thousands, Hundreds)
310.3 Million People = 310,300,000 (Millions, Thousands, Hundreds)
Now the Math
2,600,000 divided by 310.3 = 8,378.99 or
$8,378,990 per person in the United States or over $8 Million per man, woman and child.
I'm speechless, am unable to go forward on anything. - no more reasearch - no more work (I was worried about 8-12 thousand a year per employee and
how I was going to sell it - seems cheap now). I haven't stopped thinking about this for a couple of days - haven't talked to anyone. I'm just
This has to be wrong, doesn't it. I made a mistake. Help me out here, PLEASE. I need to be able to function again. (and I don't have Health
Insurance - can't afford it - so a nervous breakdown is out of the question)