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Somehow plenty of countries are doing fine while even consuming less of GDP than the US. As far as I know Medicare doesn't consume 100% of GDP either.
by maxxxxx 8y ago
Somehow plenty of countries are doing fine while even consuming less of GDP than the US. As far as I know Medicare doesn't consume 100% of GDP either.
- prostoalex 8y agoMedicare doesn't cover everyone, and some people in the article experienced high copays on Medicare. Meanwhile, https://www.cms.gov/research-statistics-data-and-systems/statistics-trends-and-reports/nationalhealthexpenddata/nhe-fact-sheet.html https://www.cms.gov/research-statistics-data-and-systems/sta... "Health spending is projected to grow 1.0 percentage point faster than Gross Domestic Product (GDP) per year over the 2017-26 period; as a result, the health share of GDP is expected to rise from 17.9 percent in 2016 to 19.7 percent by 2026."