Wednesday, February 22, 2006

Analysts: Health Care Costs to Keep Rising - Yahoo! News

Analysts: Health Care Costs to Keep Rising - Yahoo! News: "WASHINGTON - Within a decade, an aging America will spend one of every five dollars on health care, according to government analysts who see no end to increases in the cost of going to the doctor and taking medicine."...

Another trend within the new government projections is an ever-growing reliance on the government to foot the bill for health care. By the end of the next decade, the government will pay for about half of the nation's medical costs.

Overall, the most important factor in health care spending is income, the analysts said. As Americans make more money, they spend more to get healthy. People making $90,000 are more likely to visit a doctor and get their prescriptions filled than those who make $50,000, Poisal said.

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