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Unformatted text preview: For things to improve, some economist saying that the costs of heath care has to rise along with wages and the price of inflation. A recent survey also found that smaller companies are dropping health care plans faster than bigger ones. Because of this health care coverage prevalence dropped from 63% to 61% in 2007, a significant decline from 66 percent 5 years ago. Luckily health care coverage is a major topic in the up coming presidential election, as spending on heath care is expected to reach $4,000 in 2015 or only 20 percent of the GDP (gross domestic product) according to most estimates. The same survey found that costs for health will rise 5.7 percent each year....
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This note was uploaded on 05/11/2008 for the course ECON 102A taught by Professor Sorensen during the Spring '08 term at UC Riverside.
- Spring '08