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The Health Care and Education Reconciliation Act of 2010 (Pub. L. 111–152 (text), 124 Stat. 1029) is a law that was enacted by the 111th United States Congress, by means of the reconciliation process, in order to amend the Affordable Care Act (ACA) (Pub. L. 111–148 (text)).
The Federal Reserve Bank of New York's February 2017 Quarterly Report on Household Debt and Credit reported 11.2% of aggregate student loan debt was 90 or more days delinquent. [ 31 ] On July 25, 2018, Education Secretary Betsy DeVos issued an order declaring that the Borrower Defense Program (enacted in November 2016), [ 32 ] would be replaced ...
An earlier study by AHRQ found that a significant persistence in the level of health care spending from year to year. Of the 1% of the population with the highest health care spending in 2002, 24.3% maintained their ranking in the top 1% in 2003. Of the 5% with the highest spending in 2002, 34% maintained that ranking in 2003.
Story at a glance In 2021, the U.S. spent 17.8 percent of GDP on health care, nearly double the average of 9.6 percent for high-income countries, according to a new report from The Commonwealth Fund.
The U.S. had the worst-performing healthcare system overall despite spending nearly double that of other countries. It also had the lowest ranking in access to care, health equity and health outcomes.
Beginning in 1980, U.S. health care spending was 8.2% of its gross domestic product (GDP); the U.K. had the lowest spending at 5.1%. By 2020, U.S. spending had climbed to a high of 18.6%.
According to a 2000 study of the World Health Organization, publicly funded systems of industrial nations spend less on health care, both as a percentage of their GDP and per capita, and enjoy superior population-based health care outcomes. [51]
A 2007 article from The BMJ by Steffie Woolhandler and David Himmelstein strongly argued that the United States' healthcare model delivered inferior care at inflated prices, and further stated: "The poor performance of US health care is directly attributable to reliance on market mechanisms and for-profit firms and should warn other nations ...