As a percentage of GDP,health care spending on Medicare and Medicaid is expected to double over the next 40 years unless health care costs begin to grow at a slower rate.

Question

Quizplus · Accepted Answer

According to projections from the Congressional Budget Office, health care spending on Medicare and Medicaid is expected to double from 5.5% of GDP in 2017 to 10% of GDP in 2047 if current trends continue. Therefore, the statement is true.

As a Percentage of GDP,health Care Spending on Medicare and Medicaid