Bed buffaloes in your tax code
Wednesday, August 19, 2009
Why health care cost trends are not sustainable
The picture above shows the difference between health care expenditures by the elderly and the non-elderly.
The dynamic picture at this
Census Department link
shows how demographic trends are expected to change in the future with a larger and larger population of the elderly.
Put the two pictures together, and you can see that the country will be spending more and more on health care in the future.
And that's even before we take into account the explosive trends in expensive new technologies.
health care costs
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