A few tidbits from the National Coalition on Health Care:
In 2008, total national health expenditures were expected to rise 6.9 percent- two times the rate of inflation. Total spending was $2.4 TRILLION in 2007, or $7,900 per person. Total health care spendings represented 17 percent of the gross domestic product (GDP).
U.S. health care spending is expected to incresae at similar levels for the next decade reaching $4.3 TRILLION in 2017, or 20 percent of GDP.
In 2008, employer health insurance premiums increased by 5.0 percent-two times the rate of inflation. The annual premium for an employer health plan covering a family of four averaged nearly $12,700.
Health care spending accounted for 10.9 percent of the GDP in Switzerland, 10.7 percent in Germany, 9.7 percent in Canada and 9.5 percent in France, according to the Organization for Economic Cooperation and Development.
Interesting. I would attribute part of this to the US plans being 'open access,' while the plans here quoted of other countries are socialized.
I believe placing more cost sharing responsibility on the insured and education help will curb expenses on medical care. Pharma is a different story and is where reform can benefit greatly.
Interesting article. I haven't seen the news all week. Was this on prime time news outlets as well?



