News Headlines Article

Cutting back on healthcare spending
The Stanford Daily

The United States outspends all other Western nation-states and commits the highest percentage of its own gross domestic product (GDP) to healthcare. According to the World Bank, the United States has devoted 17 to 18 percent of its annual GDP to this sector since 2008. In a campaign season where healthcare is a heavily debated topic, we should try to develop an understanding of the causes of the costs. What are some contributing factors to the high costs of healthcare?