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Health Care Spending Research Paper

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Health care spending in the United States greatly exceeds the spending of other industrialized countries. Americans spend 3 trillion dollars annually on health care. Health expenditures currently account for 17.6 percent of the Gross National Product (GDP) and are expected to increase at an average rate of 5.8 percent through 2025. Health care spending has exceeded growth of the Gross National Product (GDP) in 42 of the previous 50 years \cite{www-google-transparent}. Health spending threatens the nations fiscal health \cite{springer}. Despite the excessive spending, the United States ranks among the worst on measures of health care quality, health access equity, and quality of life \cite{www-google-McDonald}. Policy makers do not know

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