Healthcare industry grows as populations age and more folks can access coverage. This could be in jeopardy however.

Healthcare spending has increased in the US and around much of the world. Aging populations, especially in wealthier nations, are part of the equation. Another big factor, in the US, is an increase in the percentage of population covered by insurance. According an article I saw in New York Times, 14% of US population had no health insurance in 2000. By 2023 that number had dropped to 8%; a benevolent trend.

Insurance coverage has increased mostly due to Medicaid expansion in most states due to Obamacare. The Obamacare exchanges and some other changes has increased coverage as well. Some of this improvement may be in jeopardy due to the budget.

Past growth of healthcare industry is reshaping the US economy. Below graphic I excerpted from.

What are the alternatives? Healthier lifestyles are part of the equation, but not all of the equation. The inevitable reality of death is also part of the equation. It may seem crude to say this, but here is a sound byte I recently thought of.

"Assisted dying is cheaper than assisted living."

Still, in spite of all this, my wish for people, including myself, is.

"May we have many more years."