8451. Health Care Rationing: What it Means
- Author:
- Henry J. Aaron
- Publication Date:
- 12-2005
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- The United States spends more on health care than any other nation. In 2003, medical spending made up more than 15 percent of U.S. GDP, and if historical trends persist, this share will climb to more than one-third of GDP by 2040. With medical technology advancing at an ever-increasing rate, the potential for spending on procedures not worth their costs is growing. But there are few good ideas for reining in medical costs without hurting patients.
- Topic:
- Economics, Health, and Human Welfare
- Political Geography:
- United States