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Daily Archives: 25-January-2013
Age Distribution of US Health Care Expenditures
I have been wondering why US health care costs are so high. I just read this report that claims that the US spends a far greater percentage of its health care dollars on the elderly than other countries. I decided to plot the data from the report myself to make viewing the data a bit easier -- see Figure 1. The expenditures are normalized to the costs for people in the 50 to 64 year old age range (arbitrarily given a value of 1 unit). Continue reading
Posted in Financial
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