NEW MEXICO RANKS NO. 17 SPENDING THE LEAST MONEY SPENT ON HEALTHCARE
CLOVIS (KSMX)- A new study shows New Mexico ranks No. 17 spending the least money spent on healthcare annually in the U.S.
New Mexico residents spend an average of $5,408 per year on healthcare, this is below the national average of $5,640.78. Hawaii residents spend the least at $3,626 per person.
TheSeniorList released a study on Annual Healthcare Spending By State using the most recent data from the Healthcare Cost Institute. Here are several additional findings from the study:
- Healthcare spending in the U.S. has increased by 17% since 2013
- Americans spend $3.5 trillion annually on healthcare which accounts for 18% of GDP.·
- Spending on prescription drugs nationally has increased 29% since 2013.
