Thursday, February 24, 2005

Cost of Health Care

The Bush adminstration predicts that spending on health care will double in the next decade -- and that Washington will pay for half of all health care bills by 2014. By then, health care will be 18.7% of the American economy. The administration figures that'll amount to $3.6 trillion spent on health care in 2014 -- that'll be roughly $11,250 for every man, woman, and child in the US. Uncle Sam would pick up about $5,512.50 of that on average. (NYT)

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