The New York Times has produced a report on the significant slowdown in health care cost inflation throughout the developed world, whereby every major high income country experienced a sharp deceleration in the growth of health care spending between 2001 and 2011:
The rate of health cost growth has slowed substantially since 2000 in every high-income country, including the United States, Canada, Britain, France, Germany and Switzerland, according to data from the Organization for Economic Cooperation and Development…
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Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.