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Healthcare is growing now at about 10 per cent per annum in the U.S. top line, versus 3 per cent for the economy. As someone with a sharp pencil and an eye for this kind of thing, this can't last.

The growth of medical expenditures in the U.S. is not caused by administrative costs but by increases in the technical intensity of care over time - a.k.a. medical progress.

In economic terms, health care is a highly successful industry - profitable, growing, and virtually recession-proof - but it's a massive burden on the rest of the economy.

Health care costs are an issue both for the government and for our larger economy.

In health care today, we spend most of the dollars - in terms of treating disease - in the last two years of a person's life.

Discussions of health care in the U.S. usually focus on insurance companies, but, whatever their problems, they're not the main driver of health-care inflation: providers are.

In Indiana, the Affordable Care Act will raise the average cost of health insurance in the individual market by an unaffordable 72 percent.

This is a very difficult question. If you take a look at the aging population and demographics, we are going to have a big increase in the number of health care jobs needed in the state and in the country.

I'm no health care expert, but you've got technology that constantly advances the ability to extend life and maybe improve lifestyle. That puts constant upward pressure on health care costs.

Medicare is expensive because we spend a lot on healthcare. We spend a lot on healthcare basically just because we want to, and doing so has been very good to a lot of people who work in healthcare fields.