Government Spending On Health & Human Services Hit A High Last Year – Who Won Matters…
Growth in federal government spending on health care increased 36.0% in 2020 (see National Health Expenditures 2020 Highlights and National Health Expenditures by type of service and source of funds, CY 1960-2020). This included financial assistance to provider organizations to make up for lost revenue through the Provider Relief Fund ($122 billion in 2020) and the Paycheck Protection Program ($53 billion in 2020). There was also a significant increase in federal public health spending ($114.9 billion), including spending for vaccine development, COVID testing, and health facility preparedness. While the final numbers for 2021 government spending are not . . .