8 years ago
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Where the health care money is, in charts
Here are two fascinating charts from the recent NBER working paper by Mariacristina De Nardi and colleagues. Both are average, per person total health care spending by type of service, the first by a
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http://theincidentaleconomist.com
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Medical Spending of the U.S. Elderly
NBER Working Paper No. 21270
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It's interesting to see how little medications cost in comparison to the other facets of healthcare. And by interesting, I mean terrifying. I don't know if other parts of healthcare are simply inflated in costs but medication (especially for the elderly population) can be incredibly expensive.
Absolutely. Despite being in great health otherwise, I'm in the camp of having medical issues that necessitate a ridiculously expensive prescription each month. Not looking forward to aging and potentially adding to that monthly bill.