By Jessica Dallaire, Business InsiderHealth costs are increasing at a fast pace.
The cost of food is skyrocketing.
And now, it’s not just food, but also beverages, clothes, and even medical equipment.
The National Institute of Health estimates the average American spends $1,000 on food each year.
That’s nearly $500,000 more than it did a decade ago, according to a new study published in the Journal of Consumer Research.
That means Americans spend an average of $1.65 on food per person every day.
In fact, that’s more than the amount spent on all the other consumer goods and services Americans spend on a day.
According to the study, a meal cost a typical American $9,917 in 2016.
That’s a 5% increase over the $8,081 spent in 2005.
And that number only increases the further you go.
A study released last month by the University of Virginia estimated that Americans spent more than $100 billion on food in 2016, an increase of nearly $100 per capita.
That increase came after years of stagnation and was partly caused by a spike in obesity and a rising number of people in nursing homes.
It was also partially due to the Affordable Care Act, which President Donald Trump signed into law last year.
The health care law included many measures to lower health care costs, including the creation of a Medicare-for-all plan that would combine Medicare with private insurance.
It also allowed insurers to sell across state lines and provided subsidies for lower-income people to help them afford premiums.
It also increased access to health insurance for people making up to 133% of the federal poverty level, or about $47,200 for a single person.
This year, President Trump has been trying to rein in the growth of the insurance marketplaces, and he has targeted the high-cost insurance industry.
In 2018, a total of $8.3 trillion in federal subsidies will be available to low-income households.
But the administration has yet to announce how much money will go toward these subsidies.
The federal government has also increased funding for the Medicare prescription drug benefit, which provides coverage for Medicare beneficiaries who receive the drug for non-insurance expenses.
That benefit is the largest of its kind in the United States.
The program was created to cover people who are too poor to receive traditional Medicare.
But as the costs of the program have soared, the federal government is looking to reduce the program.