Spending: Health Care Spending Can Rise Up To $4.3 Trillion By 2017
Health care likely to consume an expanding share of the U.S. economy over the next decade
By 2017, U.S. health care spending is expected to nearly double, reaching $4.3 trillion and consuming 19.5 percent of the nation's gross domestic product (GDP), according to a federal analysts' report in an article published in Health Affairs.
"Health care is expected to consume an expanding share of the U.S. economy over the next decade, meaning policymakers, insurers and the public collectively face some difficult decisions about the way health care is delivered and paid for," said...
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