In spite of more fast food and an the increasingly alerting obesity epidemic, the American people as a whole seems to care more about their health than ever before, which results in a continuing increase in both health expenditure and life expectancy.
Continuing Increases in Health Expenditure
The health expenditure of the United States is clearly skyrocketing, reaching new heights over the past few years, following a clear trend where it continues to increase every passing year, completely disregarding the whole economic recession. The total expenditure per capita has risen every year since the early 1990s, and in 2011 it was as high as $8 608 according to statistics gathered by the World Health Organization (WHO). This lands the US in fourth place when it comes to health expenditure, after Switzerland, Norway, and Luxembourg.
More money is being spent year after year, and along with it come increased health numbers for both the US and the world. One of the physicians who has this to thank for at least part of his success is Dr. Lawrence Jaeger (see profile at Vitals.com), who has been able to advance his operations greatly in the past few years due to increased health expenditure.
Reaching for a Healthier America
Experts are speculating as to why Americans are spending more on health than ever before, both when it comes to state sponsored health care and private health care. All in all, many argue that Americans are quickly becoming a more conscious society when it comes to health. Fitness centers and gyms are an ongoing craze which will probably never end. Eating healthy is no longer a fad, but a common lifestyle choice that’s increasing in popularity. America is often viewed as the motherland of fast food, but that image actually seems to be starting to wear off.
As part of this, Americans are also more concerned about their overall health. Smoking has been decreasing steadily since the 1970s, reaching a new low in 2013 with just 18 % of the adult population indulging in the use of tobacco. More Americans than ever before are concerned about staying healthy and fending off diseases, and as a result health expenditure is rising.
An Increased Market with Many Victors
To physicians like Dr. Lawrence Jaeger and others in the health sector, these are fantastic news. The market for physicians is clearly expanding greatly of late, and it’s a great example of a win-win situation in which both the health market and the population as a whole has an invested interest. In spite of the common myth that doctors make their money from a sick population, the truth is rather the opposite – a society which cares about its health is more likely to turn to doctors and other health professionals for help in doing so.
The graphs continue to point upwards after decades of increase, and according to the experts there’s no end in sight. The “health fad” has been brewing for decades, gaining momentum each year even in times of recession, and it does indeed seem like physicians can count on further continuing expansion in the next few years.