To make health coverage more affordable, the nation must address ever-increasing health care costs. About more than one-sixth of the US economy is dedicated to healthcare spending, such as: rising prices for medical services, expensive prescription drugs, recently advanced medical technology, and even unhealthy lifestyles. Our system spends approximately $2.7 trillion per year on health care. According to experts, it is estimated that approximately 20%-30% of this expenditure (about 800 billion dollars per year) appears to be allocated to wasteful, redundant or even inefficient care. This increase in healthcare costs penalizes the citizens of our nation in multiple aspects. The first group of individuals affected are families and the elderly because this affects the amount of money that goes into their pockets, which results in a difficult time balancing food, rent and basic necessities. Next, small businesses and Fortune 500 employers are hit because that rising cost makes rising healthcare costs more expensive to add new employees to their payroll and harder to cover retiree taxes when it arrives. that moment. Ultimately, federal, state, and local governments are forced to increase Medicare and Medicaid costs, which results in cuts to other priority funding such as public safety and education. Health care costs impact family finances in two main ways: , as copays, deductibles and prescriptions, as well as the family's share of the health insurance premium. Health care spending growth in the United States continues to increase each year with expenditures having stabilized at less than 4% annually. Increasing cost sharing is largely at… middle of paper… it is also difficult to maintain overall operations. Operations are carried out simply because of healthcare providing care to patients, which decreases significantly as the overall cost continues to increase. Overall, rising health care costs are significantly impacting our nation. It not only affects consumers but also the organization. As it continues to increase, everyone finds themselves unable to pay for such changes. Reducing this growth in healthcare costs requires a collaborative, inclusive and bipartisan approach. Strategies to reduce costs include, but are not limited to: promoting prevention and healthy living, improving patient safety, and promoting transparency about costs and medical quality. If the nation works on such improvements, hopefully we will be able to transform the healthcare system back into something we can all afford..