National Health Care Spending part two

1. In 2007, health care spending in the United States reached $2.3 TRILLION, and was projected to reach $3 TRILLION in 2011. Health Care spending is projected to reach $4 TRILLION by 2016.

2. Health care spending is 4.3 times the amount spent on the national defense.

3. In 2005, the United States spent 16 percent of its gross domestic product (GDP) on health care. I is projected that the percentage will reach 20 percent by 2016.

4. Although nearly $47 million Americans are uninsured, the United States spends more on health care than other industrialized nations, and those countries provide health insurance to all their citizens.

5. Health care spending accounted for 10.9 percent of the GDP in Switzerland, 10.7 percent in Germany, 9.7 percent in Canada and 9.5 percent in France, according to the Organization for Economic Cooperation and Development.

I had intended to do this is four parts but it may be a bit more and next will address the Employer and Employee Health Insurance Costs, stay tuned, peace Margie