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- W2188440406 abstract "nly a decade ago, in 1980, health care 0 expenditures in the U.S. were about $248 billion; by 1990, they had risen to $666 billion. Some of this increase can be explained by general inflation. However, when these figures are adjusted for the effects of economy-wide price increases, in real terms, over the decade of the 1980s, health care spending actually increased by 70.7 percent, at an annual average growth rate of 5.5 percent.’ In contrast, over the same period, output in the economy expanded by a total of only 29 percent, at a much lower annual growth rate of 2.6 percent. The result was that between 1980 and 1990, the health care industry’s share of gross national product increased by about a third from about 9 percent to 12.2 percent. The increase in U.S. health care expenditures in the 1980s has been viewed as very disturbing by many policy makers, especially those involved with the administration of Medicare and Medicaid. At the beginning of the decade, considerable faith was placed in the cost containment ability of prospective" @default.
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- W2188440406 date "1993-01-01" @default.
- W2188440406 modified "2023-09-27" @default.
- W2188440406 title "Measurina the Cost Of HealthYCare Technologies" @default.
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