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---
description: Americans now spend $9,523 per person a year on medical expenses
title: Obamacare, Pricey New Drugs Send Up U.S. Health Spending
image: https://static.time.com/v3/assets/bltea6093859af6183b/bltc7f009c215c0875b/6988739e2dce01223e9e6c1a/gettyimages-530685403.jpg?branch=production&amp;width=3840&amp;quality=75&amp;auto=webp&amp;crop=16:9
---

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# Obamacare, Pricey New Drugs Send Up U.S. Health Spending


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[NBC News](/author/nbc-news/)


## NBC News


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Dec 3, 2015 4:08 AM CUT

![530685403](https://static.time.com/v3/assets/bltea6093859af6183b/bltc7f009c215c0875b/6988739e2dce01223e9e6c1a/gettyimages-530685403.jpg?branch=production&width=3840&quality=75&auto=webp&crop=3:2)

Heart rate monitor, patient and doctors in background in intensive care unit

Heart rate monitor, patient and doctors in background in intensive care unitSam Edwards—Caiaimage/Getty Images

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[NBC News](/author/nbc-news/)


## NBC News


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Dec 3, 2015 4:08 AM CUT

Obamacare and pricey new drugs for hepatitis, cancer and multiple sclerosis helped drive U.S. health spending to new highs, government researchers reported Wednesday.

Health spending grew by 5.3 percent to $3 trillion in 2014, experts at the Center for Medicare and Medicaid Services (CMS) found. That’s the biggest growth in five years, but much of it was to be expected as[ 17 million people got coverage](http://www.nbcnews.com/storyline/obamacare-deadline/4-p-embargo-nearly-17-million-americans-covered-under-obamacare-n354851 "undefined") for health care for the first time in years.

Americans now spend $9,523 per person a year on medical expenses – [by far the most](http://www.nbcnews.com/health/were-number-20-us-below-average-most-health-measures-2D11635080 "undefined") among developed countries.

Every year, actuaries at CMS assess…

[_Read the rest of the story from our partners at NBC News_](http://www.nbcnews.com/health/health-care/obamacare-pricey-new-drugs-send-us-health-spending-n473076?cid=par-time%5F20151203 "undefined")

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