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Nearly 20% of GDP to be Spent on Healthcare By 2020

National healthcare spending is expected to increase from 17.6% in 2010, to 19.8% in 2020 as the economic recovery spurs higher utilization and an estimated 30 million people receive health insurance coverage under the Affordable Care Act, says a study in Health Affairs.

1 comments on "Nearly 20% of GDP to be Spent on Healthcare By 2020"
J H MD (7/29/2011 at 4:07 PM)

20% of the GDP is spent on medical care but most of the fiscal cuts are directed to physicians who makeup only 11%. 89% goes to the insurance companies and administrative costs. If I were going to trim fat in medical caste I would go at 89% of the target to achieve the greatest chance of success