<![CDATA[The growth rate of healthcare inflation]]>Many people are under the mistaken impression that healthcare spending is a “solved” problem in the rest of the world and that their rate of “inflation” is under control or, at least, under much better control than ours.

This is simply incorrect.

Below is a chart illustrating PPP-adjusted per capita healthcare spending in the United States and other selected countries between 1990 and 2009 (almost twenty years).

Percapitahealthcaregrowthsince1990

source

As you can clearly see we’re pretty solidly in the middle of the pack and no one has even come close to “solving” said inflation.

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