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Truth Through Combat

The Rising Cost of Health Care

Current health care spending in the U.S. is about 1 out of every 6 dollars. This means that of all the money spent in the U.S. every year, about 16% of it goes into health care. That figure is expected to rise to 1 out of every 5 dollars.

This — and other similar figures — has led commentators in health care to ask whether steps should be taken to forcefully reduce the rise in costs. About 15 years ago, the best tool for keeping health care costs was thought to be the health management organization (HMO). The HMO was a way to put doctors and health care providers under strict spending limits. However, it now seems that the HMO hasn’t been enough: costs continue to climb in spite of the best efforts of insurers.

Some resources:

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Filed under: Bioethics, Uncategorized

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