Rising Costs, Decreased Access, Quality Concerns

October 2007
Journal of Financial Planning;Oct2007, Vol. 20 Issue 10, p61
Academic Journal
The article discusses the rising cost of health care in the U.S. In 2004 spending on health care rose over the previous year at a rate triple that of inflation. By 2015 health care expenditures could amount to 20% of the U.S gross domestic product. Premiums for health insurance continue to get more expensive. As a result, many in the U.S. choose to forego health insurance. In 2004 some 47 million had no insurance. Although the U.S spends more per capita on health care than many other nations, several indices off well-being do not reflect that fact.


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