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Long-Term Growth of Medical Expenditures - Public and Private

Publication Date
Apr 30, 2005

As the population of the United States ages, it will consume more health care. Older people suffer diseases and other medical problems to a greater extent than younger people. And with health care prices continuing to rise much faster than other goods and services, the use and societal cost of health care is expected to soar in the future. Steps to moderate the growth of health care prices and increase efficiency and effectiveness of health care delivery are essential to moderating the economic burden that future health care costs are likely to impose.