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Employer-Sponsored Insurance, Health Care Cost Growth, and the Economic Performance of U.S. Industries
Health Services Research, 06/05/09
Sood N et al. - Faster growth in health care costs had greater adverse effects on economic outcomes for industries with larger percentages of workers who had ESI. The authors found that a 10 percent increase in excess growth in health care costs would have resulted in 120,803 fewer jobs, US$28,022 million in lost gross output, and US$14,082 million in lost value added in 2005. These declines represent 0.17 to 0.18 percent of employment, gross output, and value added in 2005.
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