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This estimate shows the total amount of money dedicated to providing healthcare each year. The largest share of the money goes towards providing individuals with healthcare services. But spending also goes towards administrating healthcare programs and private insurance plans, as well as building hospitals and clinics, purchasing equipment, promoting public health, and conducting health research.
Funding for healthcare spending flows through several different programs. There are private health insurance plans, which receive funding from premiums paid by individual Americans and their employers. There are also government programs funded at the federal, state, and local levels. And there are categories like school or worksite healthcare — which encompass treatment from the school nurse, employer-funded health screenings, and other on-site care.
To help put healthcare spending in context, look at healthcare expenditures as a percent of gross domestic product.