Health spending and ability to pay: Business, individuals, and government

  • 1 January 1989
    • journal article
    • Vol. 10  (3) , 1-11
Abstract
Health care spending has grown almost twice as fast as has the gross national product since 1965. Various parties in the health care financing arena have been affected to different degrees by this rising health care spending. As discussed in this article, households, businesses, and government all have had to devote increasing shares of their resources to financing health care. Although businesses have been increasingly burdened, either directly or through higher insurance premiums and Medicare taxes, that burden is less than is popularly believed.