Report: U.S. health care spending to double by 2017

02/26/2008 | Wall Street Journal (free content), The

A new study conducted by federal economists estimates that U.S. spending on health care will reach $4.3 trillion by 2017 -- around twice the amount spent in 2007 -- because the population is aging and costs of medicines and medical technologies are increasing. Presidential candidates continue to debate the best way to address the growing expenses for health care, suggesting solutions such as tax changes and government coverage expansion.

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Wall Street Journal (free content), The

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