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Health Care Spending

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Why does it matter what we spend on health care in this country?
Should we be spending considerably less in terms of GDP such as Canada and Europe with is about 7%vs the USA at 15%?
What would be some consequences of high health care costs for individuals, companies, state and federal governments?
How would we be able to get health care costs lowered or should we just leave it alone?

© BrainMass Inc. brainmass.com September 20, 2018, 11:59 pm ad1c9bdddf - https://brainmass.com/health-sciences/health-care-management/health-care-spending-33632

Solution Summary

This solution explains the importance of paying attention to health care spending, and if United States should be spending considerably less in terms of GDP. The consequences of high health care costs for individuals, companies, state and federal governments are overviewed, as well as exploring ways to get health care costs lowered or if it should just be left alone. Supplemented with links and two relevant articles on health reform and health care costs for the aging.

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