Stakeholders in the health care industry recently flocked to Raleigh, North Carolina, to discuss ongoing challenges regarding health care spending, as well as outline some potential solutions.
Tom Campbell, former assistant North Carolina State Treasurer, in a recent article published in the Independent Tribune writes that health care spending accounts for some 18 percent of the U.S.’s GDP.
“To put this in perspective, in 1960 the amount was about 5 percent of our GDP,” he writes. “By 1990 that amount had increased to around 10 percent, and the 18 percent number reflects growth more than twice the rate of inflation.”
To read the full write up on the Independent Tribune, click here.