Universal health care or single-payer health care would save us $17 trillion over 10 years.
In order to demonstrate this, we just need a couple of numbers. The first number is how much we currently spend on health care per year.
National Healthcare Expenditure (NHE)
This is a number called the National Healthcare Expenditure (NHE). NHE measures everything we spend on health care — both public and private. In 2015, the NHE was $3.2 trillion or $9,990 per person per year.
That $9,990 per person makes us the most expensive healthcare system in the world. It was this way before the Affordable Care Act (ACA) as well. In 2013, the Organization for Economic Co-operation and Development (OECD) calculated the average worldwide healthcare spend per person at $3,453.
Back to our number: $3.2 trillion in 2015. It increased to $3.4 trillion in 2016.
Growth rate
As you can see…
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