How Much Should U.S. Spend on Health Care?

Peter Suderman, Reason
Kevin Drum notes that the United States leads the world in terms of health spending as a percentage of gross domestic product. To some extent, that’s explained by the fact that the U.S. is relatively richer than other countries, and richer countries are likely to spend a greater share of GDP on health care. But according to McKinsey’s data, the U.S. spends even more of its GDP on health care than you would expect given health spending ratios in other countries.

Source: http://www.realclearpolitics.com/2011/02/25/how_much_should_us_spend_on_health_care_251128.html

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