Health care expenditure, Over the past 30 years, health

Health care expenditure

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Over the past 30 years, health care expenditure in the U.S. grew at an average rate of 3.7% per year plus the rate of inflation, while expenditure on all other goods grew only 1% per year plus the rate of inflation. What seem to be the main reasons why expenditure on health care in the U.S. rose so much faster than expenditure on all other goods?

Reference no: EM13744052

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Health care expenditure : Over the past 30 years, health care expenditure in the U.S. grew at an average rate of 3.7% per year plus the rate of inflation, while expenditure on all other goods grew only 1% per year plus the rate of inflation. What seem to be the main reasons w..

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