As John Appleby and Ben Gershlick explain (doi:10.1136/bmj.j3568), the new figure is 9.8% of GDP, which puts the UK ninth in the European Union league table and is pretty much bang on the EU average (though at the bottom end of the weighted average, if you're 鈥doi:10.1136/bmj....
Health services are a basic necessity for a person. Private companies have made health services quite costly for ordinary individuals. Do the advantages of private health care outweigh its disadvantages? Give reasons for your answer and include any relevant examples from your own knowledge or experien...
Economics in healthcare is unique in several ways compared to other industries. Some of these differences include: Healthcare is a necessity, not a...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer yo...
Editor's note:“Up Next China” is a series focusing on how the next Five-Year Plan will change the country, from innovation and technological self-reliance, healthcare, environment and climate change to growth driven by domestic demand. It might be unrealistic to pinpoint a...
Today, healthcare costs are much higher than they should be and have been growing steadily over the past 20 years. In fact, according to a study by McKinsey, healthcare expenses represent nearly 17.6% of United States’ GDP. Due to the rising cost of healthcare, it’s time to look at...
In practicing the philosophy, China has been advancing reforms in various areas of public concern, including housing, education and healthcare. A staff member explains medical insurance policies to a resident at a hospital in Sanming, Fujian Province, Nov. 18, 2020. (Xinhua/Jiang Kehong) ...
It’s a secret hiding in plain sight. The $7.6 trillionglobal health care sectorhas a value problem. Despite decades of efforts to control spending, costs continue to rise at roughly double the rate of GDP growth in most developed countries. That is putting severe pressure on health care bud...
China's economic rebound benefits not just itself but also its global partners. Engaging with the Chinese market is increasingly seen as an opportunity rather than a risk. BEIJING, Jan. 17 (Xinhua) -- China's gross domestic product (GDP) posted a growth of 5.2 percent year on year in 202...
respectively.15This spending has increased the federal debt as a share of GDP to 124 percent.16Meanwhile, rising interest rates are increasing federal-debt service costs. Additionally, healthcare spending represents a record 20 percent of GDP.17The Medicare trust fund is projected to reach insolvenc...
In fact, there are a number of factors that can push people to or below the poverty line. Discrimination is just one of them. In some cases, governments may pass certain laws and regulations that prevent certain individuals or communities from accessing services, such as healthcare, education,...