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Surprise. Fake news in the NYT.

Add up Fed, State & Local Government Health Cost/Spending, Private Health Insurance, Private Out of Pocket cost, Private charity to health and you get 5 Trillion easily. Probably much more than 5 Trillion. Not the 3.6 Trillion they quote.

It could be more, especially if you count the cost of over-the-counter meds or broaden the definition to include dietary supplements, new age therapies, Faith healers, etc.

The NYT does not count all government health spending as the cost of health. That is why it is Fake.

1 posted on 12/06/2019 3:08:24 PM PST by spintreebob
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To: spintreebob

Correct.

Moreover, even if one accepts the given figures, health spending growth is still significantly exceeding growth in the rest of GDP. This cannot be sustained.


2 posted on 12/07/2019 2:30:31 AM PST by Paul R. (The Lib / Socialist goal: Total control of nothing left worth controlling.)
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