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Health-Care Economics and the Impact of Aging on Rising Health-Care Costs

  • Preston B. Rich
  • Sasha D. Adams
Chapter

Abstract

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.

Keywords

Gross Domestic Product Market Failure Health Spending Intensive Care Unit Care Market Clearing Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2014

Authors and Affiliations

  1. 1.Division of Acute Care Surgery, Department of SurgeryUniversity of North Carolina at Chapel HillChapel HillUSA
  2. 2.Division of Acute Care Surgery, Department of SurgeryUniversity of North CarolinaChapel HillUSA

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