Health-Care Economics and the Impact of Aging on Rising Health-Care Costs
The US’ economy is the largest in the world and US health-care costs represent a larger percentage of the gross domestic product than in any other developed nation, resulting in the highest national per capita spending in the world. Economists project that health-care costs will continue to rise, eventually exceeding 50 % of all US economic transactions. The aging “baby boomer” generation is thought to be a major driving force for increased health-care expenditures, but other key issues may have even greater impact on future spending.
KeywordsObesity Income Stratification Expense Monopoly
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