A recent report on Fox News (from the AP) says that healthcare spending, which has been growing faster than the economy for several years, has only been growing about as fast as the economy for the past three years, which is good news. The fact that the US still spends ". . . far more than any other economically advanced country spends" is not good news. And that was in 2011, before much, if any, of so-called Obamacare took effect.
The report goes on to say that this would be a good time for Congress and the President to do something serious about the growth of healthcare spending, which most likely will go back to increasing soon, if they don't.
Thanks for reading.
For more information on healthcare spending, see a report by the Kaiser Family Foundation, which has several useful tables and graphs, and also this Wikipedia article.
Musings on science, the Bible, and fantastic literature (and sometimes basketball and other stuff).
God speaks to us through the Bible and the findings of science, and we should listen to both types of revelation.
The title is from Psalm 84:11.
The Wikipedia is usually a pretty good reference. I mostly use the World English Bible (WEB), because it is public domain. I am grateful.
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The posts in this blog are licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License. You can copy and use this material, as long as you aren't making money from it. If you give me credit, thanks. If not, OK.
2 comments:
I wonder if this encompasses non elective surgeries and cosmetic surgery. I also wonder if the rising cost of abortions has any bearing on these figures.
No doubt all of these items contribute, but I don't think they are major contributors. Taking care of an aging population is a major contributor, according to a report by the Kaiser Family Fund: http://www.kff.org/insurance/upload/7670-03.pdf
Average spending per person for those 65 and older is almost twice as much as for those 45-60, and over three times as much as for those 25-44.
Thanks.
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