1.The United States spends far more than other countries on healthcare. Describe some of the reasons why US healthcare costs more than in other developed countries.
- Review the trends in US healthcare expenditures from 1970 through 2011? Please comment on what changes have occurred in how the expenditures are allocated among different sectors of the healthcare system to drive the change in costs. Provide your opinion on whether the historical rate of growth is sustainable in the future.