Why Are Health Care Costs So High?

http://www.cambridge-credit.org/ -- Just about everyone in our country as an opinion about health care reform, but no matter where you stand on the subject, I'm sure we all agree that health-care costs are way out of control. According to the Kaiser Family Foundation, health care costs have risen substantially over the last several decades. Health care expenditures in the United States were well over $2.2 trillion in 2007, more than three times the $714 billion spent in 1990, and over eight times the $253 billion spent just 30 years ago in 1980. In 2007, U.S. health care spending was about $7,421 per person and accounted for 16.2% of the nations Gross Domestic Product, among the highest of all industrialized countries. Watch this week's webisode from Cambridge Credit Counseling Corp. to learn more. Host: Community Outreach Director, Thomas J. Fox.

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Education

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• Kaiser Family Foundation
• health care costs
• Hospital
• insurance
• CNN
• American Morning
• Elizabeth Cohen
• Thomas J. Fox