26th September 2013
By Marcela De Vivo
Guest Writer for Wake Up World
Over the last decade, the war cost for Afghanistan and Iraq has already crossed the billion mark. In the past, the U.S. paid for wars by selling war bonds, and tax increases. But these most recent wars have been financed, driving up the overall cost with interest. However, the spending won’t stop when the fighting does; how much money is being spent on health care because of war?
As of March 2013, the U.S. has paid $135 billion for medical and disability care for more than 4 million Afghanistan and Iraq war veterans; that’s $150 million per day. This number is only going to increase as more and more veterans apply to receive benefits every day. The U.S. government is obligated to pay for future medical and disability costs for veterans; this is estimated to drive up total health care costs at an estimated $754 billion.
In this infographic below by mba-healthcare-management.com, you can see how deeply war costs will affect the future cost of healthcare.
Image source: mba-healthcare-management.com
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About the Author
Marcela De Vivo is a freelance writer based out of Southern California. She is interested in finding the factors that have led to a rise in health care cost. Follow her on Twitter!
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