The University of Iowa Hospitals and Clinics is one of the largest state teaching hospitals in the US. I am taking Health Economics, and I feel really lucky to have class at the MERF, or the Medical Education and Research Facility:
UI Healthcare Fast Facts
It's probably one of the most beautiful buildings I've ever seen.
In Health Economics this week (if I may overly paraphrase and still get this right!) we talked about how the increasing cost of health care is outpacing the annual domestic gross national product (GDP). Health care costs are increasing to such an extent, that if the economy and the health care system were to continue to run at this same pace, that Americans would spend more $ on health care, and discontinue buying other goods (like housing, food, cars, etc).
That is quite an interesting forecast, as I'll be 85 years old in the year 2040.
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