Health Care Case Study
• What might consumers do to reduce health care costs? In your responses, please use information gained from the assigned readings, as well as your own personal and professional experiences.
This country’s highest Gross Domestic Product (GDP) is spent on health care. “In 2005, U.S. health care spending increased 6.9 percent to almost $2.0 trillion, or $6,697 per person. This increase was the slowest rate since 1999, when spending rose 6.2 percent. The health care portion of gross domestic product (GDP) was 16.0 percent, slightly higher than the 15.9 percent share in 2004” (Kotler, Shalowitz, & Stevens, 2008, p. 77).
There are several actions that consumers can take to reduce health care costs and health care spending.
This country’s highest Gross Domestic Product (GDP) is spent on health care. “In 2005, U.S. health care spending increased 6.9 percent to almost $2.0 trillion, or $6,697 per person. This increase was the slowest rate since 1999, when spending rose 6.2 percent. The health care portion of gross domestic product (GDP) was 16.0 percent, slightly higher than the 15.9 percent share in 2004” (Kotler, Shalowitz, & Stevens, 2008, p. 77).
There are several actions that consumers can take to reduce health care costs and health care spending.