Americans already spend more on health care than the citizens of any other country. That gap is projected to widen, with health care spending expected to consume almost 20 percent of gross domestic product by 2027. The surge in health care spending will be due to a potent mix of two trends, according to the new estimate from the Centers for Medicare & Medicaid Services, which estimates that medical spending will consume 19.4 percent of GDP by 2027, up from 17.9 percent in 2017. The aging baby boomer population, which will require more medical treatment as they enter their 60s, 70s and 80s, combined with rising health care costs, are at the root of the projected growth. Health care spending will grow at an average annual rate of 5.5 percent during the next 8 years, or about 0.8 percent faster than GDP growth, the study found. Those types of trends are sparking debate among lawmakers, consumers, investors and businesses about why the U.S. spends so much more on … [Read more...] about Health care spending in America to consume 1 in 5 U.S. dollars
Private health care
WASHINGTON – Veterans who live as little as a 30-minute drive from a Veterans Affairs health care facility will instead be able to choose private care, the most significant change in rules released Wednesday as part of the Trump administration's effort to fix years-old problems with the health system. Veterans who can prove they must drive for at least 30 minutes to a Department of Veterans Affairs facility will be allowed to seek primary care and mental health services outside the department's system. Current law lets veterans use a private health care provider if they must travel 40 miles or more to a VA clinic. Measuring commuting time rather than distance will greatly open the private sector to veterans in rural and high-traffic urban areas. Supporters say the new policy, which is likely to go into effect in June, will help veterans get faster and better care. But critics fear it will prompt the erosion of the largest integrated health care system in the country as billions … [Read more...] about New rules will give veterans more access to private health care
Sections SEARCH Skip to content Skip to site index Subscribe Log In Subscribe Log In Advertisement Upshot Supported by The New Health Care Some readers and experts have responded to a recent article by pointing out that the 1980s increase in U.S. health costs coincided with a broad push toward deregulation. ByAustin Frakt June 4, 2018 Why did American health care costs start skyrocketing compared with those of other advanced nations starting in the early 1980s? At the same time this was happening, American longevity gains were failing to keep up with peer countries. In addressing these twin mysteries in a recent article, experts suggested two main reasons: The United States didn’t impose the same types of government cost controls on health care that other nations did, and we invested less in social programs that also promote health. Medical Mystery: Something Happened to U.S. Health Spending After 1980 May 14, … [Read more...] about Reagan, Deregulation and America’s Exceptional Rise in Health Care Costs
St Bartholomew's vacant pathology block in London, where 'Sherlock' took his famed mystery plunge, is set to be transformed into a private health care unit. Britain's oldest hospital, the Old Pathology Building, has become an attraction for Sherlock Holmes buffs, after Benedict Cumberbatch 's dramatic fall scene from its rooftop in the BBC series adapting Sir Arthur Conan Doyle's detective novels. Non-profit Nuffield Trust had sought permission to extend the Old Pathology Block, including its rooftop, and refurbish both the building and the Residential Staff Quarters building to make way for a new private healthcare facility it is leasing from the NHS trust that runs St Bart's. Read More Massive west London building projects Bart's Health NHS Trust has in recent years struggled with bulging deficits, recording the biggest in NHS history in 2015/16. Three sets of public consultations have occurred since planning permission was first granted for it to lease out the building as a … [Read more...] about Britain’s oldest hospital to become a private health care unit
The Maryland Proton Treatment Center chose “Survivor” as the theme for its grand opening in 2016, invoking the reality-TV show’s tropical sets with its own Tiki torches, palm trees and thatched booths piled with pineapples and bananas. It was the perfect motif for a facility dedicated to fighting cancer. Jeff Probst, host of CBS’ “Survivor,” greeted guests via video from a Fiji beach.But behind the scenes, the $200 million center’s own survival was less than certain. Insurers were hesitating to cover procedures at the Baltimore facility, affiliated with the University of Maryland Medical Center. The private investors who developed the machine had badly overestimated the number of patients it could attract. Bankers would soon be owed repayment of a $170 million loan. Only two years after it opened, the center is enduring a painful restructuring with investors poised for huge losses. It has never made money, although it has ample cash to finance … [Read more...] about As proton centers struggle, a sign of a health care bubble?