healthcarespending
nounUK /ˈhelθkeə ˈspendɪŋ/
US /ˈhelθker ˈspendɪŋ/
The money a country or group pays to keep people healthy and treat them when they are sick.
The government increased healthcare spending to build more hospitals and hire more doctors.
RELATED WORDS
OTHER MEANINGS
2. The total amount a family pays each year for doctors, medicine, and insurance.
Rising healthcare spending is a big worry for many families.
3. Money a company sets aside to cover medical care for its workers.
The firm reviewed its healthcare spending to offer better benefits.
4. The share of a nation's income used for medical services and public health.
Healthcare spending makes up a large part of the country's budget.
5. The cost of treating illness across a whole population over time.
Experts study healthcare spending to see where money can be saved.