US health care costs expected to hit $8 trillion in 10 years: Report

closeup of a pink stethoscope and a pile of fake US dollars, on a blue background (NewsNation) — Annual health care spending in the U.S. is projected to reach $7.7 trillion by 2032, according to new federal actuaries projections, marking a $2.9 trillion increase from last year. Spending is expected to grow 5.6% annually during the…