Author (Corporate) | Organisation for Economic Co-operation and Development (OECD) |
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Series Title | Press Release |
Series Details | 9.2.06 |
Publication Date | 09/02/2006 |
Content Type | News |
Public spending on health and long-term care in OECD countries will double by 2050, if present trends continue, reaching an average level equivalent to nearly 13% of GDP compared with 6.7% today. Even if governments manage to contain rising costs, spending would still amount to the equivalent of around 10% of GDP by the middle of the century. The projections are from a new OECD report 'Projecting OECD health and long-term care expenditures: what are the main drivers?' that looks at the main factors driving up healthcare spending over the long-term. |
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Source Link | Link to Main Source http://www.oecd.org/document/12/0,3746,en_21571361_44315115_36079116_1_1_1_1,00.html |
Subject Categories | Health |
Countries / Regions | Europe |