Record Share Of Economy Is Spent on Health Care

Record Share Of Economy Is Spent on Health Care: "Record Share Of Economy Is Spent on Health Care - registration required
By Marc Kaufman and Rob Stein
Washington Post Staff Writers
Tuesday, January 10, 2006; Page A01
Rising health care costs, already threatening many basic industries, now consume 16 percent of the nation's economic output -- the highest proportion ever, the government said yesterday in its latest calculation.
The nation's health care bill continued to grow substantially faster than inflation and wages, increasing by almost 8 percent in 2004, the most recent year with near-final numbers."