Healthcare – $4.1T by 2016

Forbes – 20% of GDP –

Federal forecasters predict that US health-care spending will double by 2016, to $4.1 trillion per year.

“They’re trying to deflect costs onto other parties,” she said. “What we really need is a transformation of the health-care system that gives us value for the money we’re spending. We clearly have to do something about the underlying rising health costs that affect everyone.”

Not sure if cost shifting is the core problem, but she’s right, something needs to be done.



-Shlok
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21. February 2007 by Shlok Vaidya
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