Health Financing Without Deficits

According to the health data released by the Organization forEconomic Cooperation and Development (OECD), the UnitedStates spends more per capita on healthcare than any otherOECD country. Currently, U.S. healthcare spending constitutes$2.5 trillion, or 17.3 percent of GDP, with healthcare costs increasing9 percent annually. To reverse this alarming trend, theObama administration recently led the e...