A new study shows Georgia ranks No. 21 spending the most money spent on healthcare annually in the U.S.

Georgia residents spend an average of $5,668 per year on healthcare, this is above the national average of $5,640.78.  Hawaii residents spend the least at $3,626 per person.                                                                

As the 2020 election looms, the skyrocketing cost of healthcare will be a major issue at the ballot box. Presidential candidate plans run the gamut from repealing the Affordable Care Act to Medicare for all.

TheSeniorList released a study on Annual Healthcare Spending By State using the most recent data from the Healthcare Cost Institute.

Here are several additional findings from the study:

Healthcare spending in the U.S. has increased by 17% since 2013

Americans spend $3.5 trillion annually on healthcare which accounts for 18% of GDP.

Spending on prescription drugs nationally has increased 29% since 2013.