In 1947, Dylan Thomas composed his most famous poem, “Do not go gentle into that good night,” exhorting the reader to resist the end of life. “Rage, rage against the dying of the light,” Thomas wrote. Seventy years later, this sentiment infuses much of America’s investments in medicine. The US spends far more on health than any economically comparable country, with much of that money going towards healthcare for older Americans. In 2012, those over 65 years old spent an average of $18,988, which is more than five times the expenditure per child, and about three times the expenditure per working-age individual. This investment feeds into the broader trend of US health spending, which, in 2015, grew 5.8%, amounting to $3.2 trillion total.
Read full article in Fortune.