The incredible cost of health care
The concentration of wealth has a huge effect on health care costs:
- The United States spent $5,267 per person on health care in 2002. That's more than double, per capita, what 29 other industrialized nations spent. The total amounts to 14.6 percent of the U.S. gross domestic product. The United Kingdom, by comparison, spent 7.7 percent.
The costs are surging like an uncontrolled fever, and what the researchers found is that politicians are devoting an extraordinary amount of time to changes that have little appreciable impact.