Health Care Costs Show No Signs of Slowing
A study recently released by the Center for Studying Health System Change indicated that health care costs increased again in 2004. The increase itself is not as alarming as the fact that costs rose 2.9% quicker than the country's overall economic growth rate. As a result, more and more citizens will be unable to keep up with the increasing costs of health insurance, ultimately having to go without. The percentage of employer sponsored health insurance programs actually decreased in the same time period.
To no great suprise, 2004 also proved to be the most profitable year for insurance companies ever.
Read full news release here.
I think today the increase medical costs are not significantly improve health care ,today devolution in the health care system is required.