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Diane Publishing Books
Health Costs Absorb One-Quarter of Economic Growth, 2000-2005: Recent Federal Report Unintentionally Obscures Massive Rise, Physicians’ Decisions Key to Controlling Cost
Alan Sager (au); Deborah Socolar (au). Addresses the problem that the expected $621 billion rise in U.S. health care spending from 2000 to 2005 will consume nearly 1/4 of the nation’s projected econ. growth. Examines new strategies that could contain cost, finance needed care for all people, & stabilize caregivers. Contents: (I) Savings Won by Freezing Health Spending at 2000’s 13% of the Economy; & Health Care Spending Increases Absorbed 24% of Economic Growth. (II) New Strategies Could Contain Cost & Finance Needed Care for All People & Stabilize Caregivers: Solving the Cost & Coverage Problems; Acceptable & Effective Ways to Contain Cost; Forcing Patients to Pay More Out-of-Pocket Constitutes a Regressive Tax on Being Sick; & Doctors are the Key. Charts & tables.
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