June 15, 2003

Rising Health Care Costs

US health care costs are going to rise. Costs rise when demand outstrips supply and barring significant changes in treatment or, better yet, some dramatic cultural changes demand for health care will increasingly outstrip supply over the next 50 years.

The Center for Disease Control says that

One in three U.S. children born in 2000 will become diabetic unless many more people start eating less and exercising more, a scientist with the Centers for Disease Control and Prevention warns.
This means our diabetic population increases from 17 million today to 45-50 million by 2050. A tremendous increase in demand!

And, you do not want to be black or hispanic:
The odds are worse for black and Hispanic children: Nearly half of them are likely to develop the disease
For Mexicans the problem is significant whether they are in the US or at home.

Posted by Steve on June 15, 2003
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