Sometime next year government will overtake all other payers and fund more than half of all US health care, according to actuaries at CMS. Last year health care consumed 17.3% of our economy, the largest one year climb since 1960. We spent $282 million per hour last year on health care. Just government’s share of US health care spending last year was equal to all health care spending – government plus private payers -- in Britain and Italy. How long can we keep this up?
Ellen Andrews