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What 'Health Care Costs' Really Means
The Atlantic Link to more items from this source
Dec. 27, 2012

"The reason we should be worried about our rising national health care bill is that health care spending is going up faster than the rest of the economy. At current rates, the Congressional Budget Office estimates we'll be devoting pretty much the entire federal budget and about 50 percent of GDP to health care by 2080. When you think about the federal debt, think health care. Of course, part of the reason health care spending is going up so fast is prices for everything from health care labor to drugs to CT scanners are skyrocketing. But the more worrisome reason for rising spending is the quantity of high technology specialty services we undergo."

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