Healthcare Expenditures Summary

Chris Jenkins

Economics of Healthcare

Instructor Kristie Racca

South University Online

Sunday April 7, 2013

National health expenditures have increased over the last 39 years. Out-of-pocket costs and third-party payments have increased significantly. From 1970-1980, out-of-pocket costs doubled and the total of health care expenditures nearly tripled. Also, out-of-pocket costs increased from 1980-2000 but haven’t increased drastically since 2003. However, the increases in out-of-pocket costs are consistent through 197...

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