US health costs to double over ten years, warns CMS (Centers for Medicare and Medicaid Services)
This article was originally published in Clinica
In the early 1990s, healthcare economists became troubled by the fact that healthcare spending accounted for 13% of the nation's gross domestic product. They argued that so much expenditure on healthcare was draining the nation of resources that could be applied for other uses, all the more bothersome to them because they knew that health spending played a much smaller role in the economies of other nations.
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