Concept information
Preferred term
cost of healthcare
Definition
- In 2006, the latest year for which data are available, the United States spent $2.1 trillion on healthcare. This is equivalent to just over $7,000 per person and accounted for 16% of the nation's gross domestic product (GDP). [Source: Encyclopedia of Health Services Research; Cost of Healthcare]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/cost_of_healthcare
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