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Percentage of gross domestic product

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In America, we spend more money on health care than any other nation. In fact, taken as a percentage of gross domestic product (GDP), we spend more than twice as much as other developed nations. 

Why is that? What are the key factors that have made health care so expensive in America? 

Based upon your learning here and your own experiences with the healthcare industry, what are your own ideas for reducing healthcare costs in America?

Reference no: EM131433293

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