Health Spending Outpaces Economic Growth In Wealthy Countries

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Reuters on a report from the Organisation for Economic Cooperation and Development (OECD): The increase in health spending is "piling pressure budgets already hit" by the recession and is "likely to continue rising as populations age, technology improves and public expectations grow. ... Given the urgent need to reduce their budget deficits, many OECD governments will have to make difficult choices to sustain their healthcare systems: curb the growth of public spending on health, cut spending in other areas, or raise taxes," according to the report...


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