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Discoveries in Health Policy: Journal Club: The Economist: Have Healthcare Costs Stopped Rising (as Share of GDP)

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Normally, I would only cite an open access article as "journal club" (and in fact you might get a couple free articles a month from this source?). But here, the headline and key graphic carry the story. Healthcare costs rose greatly as "share of GDP" for several decades, like from 5% to 15%. But in many countries, that "share of GDP" value plateaued a while back. (An earlier 9/2023 NYT article talked about growt slowdown in Medicare.[*]) https://www.economist.com/finance-and-economics/2023/10/26/how-health-care-costs-stopped-rising Healthcare costs, which once seemed to be on an unstoppable rise, have plateaued in many parts of the world [as share of GDP]. This shift defies previous expectations of healthcare's inexorable growth, with factors like increased productivity, technological changes, and demand-side reforms contributing to the slowdown. However, the aging population and potential productivity setbacks from the COVID-19 pandemic may challenge this trend in the future. D

Discoveries in Health Policy: Journal Club: The Economist: Have Healthcare Costs Stopped Rising (as Share of GDP) Wednesday, November 1, 2023 Journal Club: The Economist: Have Healthcare Costs Stopped Rising (as Share of GDP) Normally, I would only cite an open access article as "journal club" (and in fact you might get a couple free articles a month from this source?). But here, the headline and key graphic carry the story. Healthcare costs rose greatly as "share of GDP" for several decades, like from 5% to 15%. But in many countries, that "share of GDP" value plateaued a while back. (An earl

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