Health Care Spending in 2016

Comment First

According to a WebMD article Health Care Spending will reach 20% of all spending in 2016. This is an amazing number to me, but it’s really not that surprising. As baby boomers get older it makes sense that more money would go towards health care. Medical advances should continue at an exponential rate. Of course those advances come with higher costs.

I believe people will pay a lot more than 20% to keep themselves healthy if that’s what it comes to. That’s one of the reasons why I’m going to try to be healthy now. It helps my quality of life in the future and my wallet. That’s double duty goodness.

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Posted by Lazy Man on February 28, 2007 in Money, News.