Journal of Undergraduate Research
Keywords
medicalizing America, health-care expenditures, Medicate Trust Fund
College
Family, Home, and Social Sciences
Department
Economics
Abstract
In the 1990s, runaway health care expenditures have worried U.S.!awmakers and citizens alike. According to data in the 1995 Economic Report of the President, real per-capita health care consumption (in 1994 dollars) grew an average of 4.7 percent annually between 1948 and 1991, versus a real average NNP growth of only 1.85 percent. The price of health care during the same period increased 6.05 percent annually, whereas the general price index shows an average annual increase of only 4.16 percent. During 1993 and 1994, Congress and the White House sought remedies for health care expenditures that account for about 14 percent of the GNP, or one out of every seven dollars produced.
Recommended Citation
Stoker, Bradley L.
(2014)
"MEDICALIZING AMERICA: AN ETIOlOGY OF U.S. HEALTH-CARE EXPENDITURES, 1948-91,"
Journal of Undergraduate Research: Vol. 2014:
Iss.
1, Article 178.
Available at:
https://scholarsarchive.byu.edu/jur/vol2014/iss1/178