Institute: ONC | Component: 1 | Unit: 4 | Lecture: b | Slide: 19
Institute:Office of National Coordinator (ONC) Workforce Training Curriculum
Component:Introduction to Health Care and Public Health in the U.S.
Unit:Financing Health Care - Part 1
Lecture:The role of health care in the U.S. economy
Slide content:Financing Health Care, Part 1 Summary Lecture b U.S. Health Care and the Economy Highest health care costs in the world Health care cost represent almost one-fifth of GDP Health care jobs continue to grow Spending on services may be examined by Category of service Source of contributions used to pay for services The insurance payor or plan 19
Slide notes:This concludes Lecture b of Financing Health Care, Part 1 . In summary, the U.S. has the highest health care costs in the world and spends close to one fifth of its gross domestic product on health care. The good news is that the health care job market is consistently strong, and growth rates are often double those of other economic sectors. National health care expenditures can be examined by category of spending, contributor, and payor. Health insurance is an important factor in health care spending in the U.S. 19