By Steve Holland, Bloomberg Government programs and health care costs are rising fastest in the United States and Canada, and they may continue to grow more rapidly in other countries, according to a new study that uses an advanced statistical model to predict the future of government health care spending.
The report, published Wednesday by the Institute for Economics and Peace, found that in 2022, the United Kingdom will spend about $1 trillion more per capita than the United.
Korea, China and France will be among the most expensive countries to run health care programs.
France, the largest contributor to U.S. health care expenditures, has the highest per capita cost, while Japan, where health care is paid for by the government, has an overall per capita health care bill that is about $2,000 lower than the U.K. The United States is also on track to spend $1.5 trillion more than France and China in 2022.
“In the past decade, health care has become more expensive, with the growth in government health expenditures being particularly high in the developing world, including India and the Philippines,” said the study’s authors, Andrew Glaeser and David J. Daley.
The authors analyzed data from the World Health Organization and the Organization for Economic Co-operation and Development.
Health care costs were projected to increase by an average of 1.6 percent per year between 2019 and 2022.
By 2030, the report found, the average cost would increase by nearly 2 percent annually.
In 2024, health costs would increase another 2.4 percent per capita, the researchers said.
The study also found that health care providers have become increasingly reluctant to expand their networks, which is driving the rising costs.
In addition, the health care system is fragmented and fragmented.
“While some regions and countries may have access to the most efficient health care delivery systems, the U and other developed nations are far less likely to have health systems that can effectively and efficiently address health disparities,” the authors wrote.
“It is not clear that we can expect rapid improvements in health care quality in developing countries, given the relatively poor quality of care provided in the U.”
The authors said it’s not surprising that health spending is rising, given that people have more choices, more choice and more flexibility to choose what they pay for.
But it is important to note that health is not the only reason health care expenditure is rising.
The paper found that the U, like other developed countries, will be spending more on the environment in 2022 than in 2020, and the cost of greenhouse gas emissions will be higher in 2022 due to climate change.
The world’s health system also is underperforming, and it will take time for that to change, the authors said.
More broadly, health spending in the developed world is not a function of economic performance, the study found.
It is a function not only of how much people spend, but also how they pay.
“There are some countries that do very well economically, and then the other countries don’t,” Glaenser said.
“This is something that is not captured by the standard economic measures.”
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