Studies indicate that variations in spending on health care are
related to per capita national income levels, not entirely the
health care needs of individuals. This finding is true across
nations depending upon average level of income, or within nations,
depending upon level of economic activity. Health care spending is
lower in recessionary times and higher in times of robust business
activity.
In other words, wealthy nations typically will spend fewer
dollars, not only in total, but as a percentage...